Political Quotes

John Conyers: “What caused the crisis was the mistaken belief shared by Republican and Democratic administrations in the past that the…”

On the recordOctober 21, 2009
What caused the crisis was the mistaken belief shared by Republican and Democratic administrations in the past that the financial industry could be relied upon to regulate itself without significant government oversight.
Said by
John Conyers
Democratic · Michigan

Editor's note · Context

Conyers reflects on the past mistakes leading to the financial crisis.

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