Political Quotes

On the recordOctober 6, 2009
Are all of you familiar with the 1994 law that the Congress passed giving the Federal Reserve the jurisdiction over all banks making mortgages?
Said by
Jim Bunning
Republican · Kentucky

Editor's note · Context

Bunning references a law empowering the Federal Reserve to oversee mortgage practices.

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More from Jim Bunning

Apr 14, 2010

Does it concern you that the only way to prop up the housing market is to put the taxpayer on the hook?

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May 17, 2010

It seems our policy is stuck between a law that is so bureaucratic that it paralyzes action and a practice of not using the law, which at this accident might show can possibly lead to tragedy.

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May 17, 2010

Whoever made this mess has to clean it up.

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