On the recordJuly 22, 2014
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.
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congress.govBarney Frank: “The problem was not so much that we deregulated as a society, but that we did not have new regulations to keep up with…”
Editor's note · Context
Frank argues that lack of new regulations, not deregulation, caused financial issues.
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