Political Quotes

Donald Manzullo: “The Federal Reserve had the authority to do two things that could have stopped this collapse in America.”

On the recordJune 23, 2009
The Federal Reserve had the authority to do two things that could have stopped this collapse in America.
Said by
Donald Manzullo
Illinois

Editor's note · Context

Manzullo criticizes the Fed for not preventing the economic collapse.

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The problem I still have with Dodd-Frank is at the time of the collapse, there were Federal regulations and laws in effect that if had been properly implemented, could have avoided the entire crash.

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This legislation will honor President Reagan's leadership and foresight in protecting U.S. interests.

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The consumers in this country are fighting an unknown enemy.

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