Political Quotes

On the recordJanuary 9, 2024
AIG was famously referred to, if I remember correctly, by the Republican Federal Reserve Chair, Ben Bernanke, as a, 'healthy and well-run insurance company with a hedge fund grafted onto it.'
Said by
Bill Foster
Democratic · Illinois

Editor's note · Context

Foster discusses the risks posed by AIG and the importance of regulation.

Share

More from Bill Foster

Jun 11, 2024

It is appropriate to bring in new leadership to the FDIC.

congress.gov
Feb 26, 2025

I rise as a Ph.D. physicist in Congress, who spent most of his career in the national laboratories of the Department of Energy, to share the story of a research engineer at a national lab who was recently fired without cause by President…

govinfo.gov
May 23, 2024

I missed a recorded vote today. Had I been present, on Roll Call No. 227, Ogles Amendment No. 1 to H.R. 5403, CBDC Anti-Surveillance State Act, I would have voted `no'.

govinfo.gov
Jul 8, 2024

There are some complex issues here, but we are working constructively to get this done.

congress.gov

Other voices in this conversation