Political Quotes

On the recordMarch 16, 2009
The lack of regulation is unequivocally, clearly, undebatably the reason that we have the economic crisis we have today.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Frank argues that insufficient regulation caused the economic crisis.

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More from Barney Frank

Jun 10, 2015

In 2009, Barney Frank introduced the Consumer Financial Protection Agency Act, which created a five-person board at the CFPB.

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Jul 22, 2014

I would think people worried about accountability would think it was a greater problem that the Federal Reserve wasn't subject to the appropriations process.

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Jul 22, 2014

I think that is a very Marxist analysis.

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Jul 22, 2014

I don't think that--if that is your major--if that is all you do is asset management or sell life insurance, I don't think you should be a SIFI.

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