Political Quotes

Bill Posey: “As I recall, this committee was told there wouldn't be any bank failures like this if we created the Consumer Financial…”

On the recordMay 9, 2023
As I recall, this committee was told there wouldn't be any bank failures like this if we created the Consumer Financial Protection Bureau (CFPB). I am kind of shocked we are here if the CFPB was doing its job.
Said by
Bill Posey
Republican · Florida

Editor's note · Context

Posey questions the effectiveness of the CFPB in preventing bank failures.

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