Barney Frank actually said...

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.

Frank argues that lack of new regulations, not deregulation, caused financial issues.

07/22/2014

More Barney Frank Quotes

There are some things that are damaging to others and the government should prohibit.

The current regime is one of the most intrusive regulations on the banking industry that you can find.

Prohibition of an entirely voluntarily activity rarely works in a free society, certainly with something as expansive and accessible as the ...

If we don't want to tell an 8-year-old what to eat for lunch, why are we telling the 8-year-old's parent, a 28-year-old, no, you can't gambl...