Political Quotes

Bill Foster: “Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the…”

On the recordJuly 9, 2024
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
Said by
Bill Foster
Democratic · Illinois

Editor's note · Context

Foster expresses concern over potential risks reminiscent of the AIG crisis.

Share

More from Bill Foster

Jul 9, 2024

While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.

congress.gov
Sep 18, 2024

This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.

congress.gov
Jul 9, 2024

I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.

congress.gov
Sep 18, 2024

If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.

congress.gov

Other voices in this conversation