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Barney Frank actually said...

I think it should be a government entity.

Context

Frank argues that the Federal Reserve should be a government entity, not quasi-governmental.

05/07/2012

https://congress.gov...

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People have a right to say what they want, but that is, I think, an inaccurate, self-fulfilling prophecy about what will happen.
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I do think there is room for subtlety in that, but I don't think Glass-Steagall does it.
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The incentive became to make a quantity of loans and not quality.
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View All Barney Frank Quotes

Barney  Frank
out of office

usa, Massachusetts

379 Quotes

PartyDemocratic

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