On the recordJune 17, 2013
I actually think that the comments that were made earlier on competition and choice and level playing field and coordination of regulators are all 100 percent correct.
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congress.govI actually think that the comments that were made earlier on competition and choice and level playing field and coordination of regulators are all 100 percent correct.
Capuano supports competition and regulatory coordination in mortgage lending.
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We haven't had it since the 1930's. Prior to the 1930's, it was a fully private market.
It just means if we are going to make national policy it has to be adjusted to regional cost.
Despite the fact that the Financial Services Committee has clear jurisdiction over these matters, the Secretary seems to think that referring us to other committees is a satisfactory answer to our questions. It is not.
But as we talked about earlier, some degree of equitable distribution of the benefits of a good economy is your job.