Barney Frank actually said...

I hope to hear you remind my Republican colleagues about just how close to the brink we came in 2008.

Frank emphasizes the importance of recalling the 2008 financial crisis to inform current discussions.

07/22/2014

More Barney Frank Quotes

The incentive became to make a quantity of loans and not quality.

Make them keep their loans in the portfolio. Don't have them securitizing much.

The problem was not so much that we deregulated as a society, but that we did not have new regulations to keep up with new activity.

No. I voted against the repeal of Glass-Steagall at the time because I thought it did not help benefit the new regulation.