Political Quotes

Steny Hoyer: The recent bank failures were not simply a product of inflation. They came on the heels of a previous administration's…

On the recordMarch 22, 2023
The recent bank failures were not simply a product of inflation. They came on the heels of a previous administration's effort to roll back many of the regulations we adopted after the 2008 financial crisis.
Said by
Steny Hoyer
Democratic · Maryland

Editor's note · Context

Hoyer attributes bank failures to deregulation efforts from a previous administration.

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