David Scott actually said...

And one of the challenges is that we are constrained by fundamental principles of arithmetic; if the money isn't there, you can't wish it there.

Scott emphasizes the need for realistic financial solutions in discussions.

04/28/2015

More David Scott Quotes

The CFTC needs and deserves more funding, particularly at this critical time.

the cost of having regulation, and these markets go off, sure, which is happening, it is real.

How much? Give us about a ballpark figure of what you feel it is going to take to do what is in this regulatory piece of legislation.

My concern is that by removing one of the reports from a lender's review, FHFA is potentially leaving predictive and positive credit history...