02/07/2011
https://congress.gov...
"Indeed, the Committee and Subcommittee combined have held 23 hearings since the last Congress on various anti-regulatory matters."
"In the absence of any meaningful regulation in the mortgage industry, lenders developed high risk subprime mortgages."
"Once the housing bubble burst, the ensuing 2008 crash stopped the flow of credit and trapped millions of Americans."
"As we consider this issue, it is critical that we keep in mind exactly what precipitated the Great Recession."