Political Quotes

Barney Frank: The gentleman is wrong to say that we evaluated everybody under CRA. We have evaluated banks and thrifts under CRA.…

On the recordMay 7, 2008
The gentleman is wrong to say that we evaluated everybody under CRA. We have evaluated banks and thrifts under CRA. Mortgage brokers, mortgage bankers were not evaluated----
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Discussing the evaluation of financial institutions under the Community Reinvestment Act.

Share

More from Barney Frank

Jul 21, 2015

I do think there is a tendency for an overreach by the FSOC. I do not think straightforward insurance companies or money managers should be covered and regulated as SIFIs.

congress.gov
Feb 5, 2024

it was because they were banking crypto, not because they were insolvent.

congress.gov
Jul 11, 2016

I am in favor of any opinion anywhere.

congress.gov
Mar 29, 2017

the very vitality of America's free enterprise economy is rooted in property rights, and without them, capital can't make wise investments.

congress.gov

Other voices in this conversation