12/01/1997
https://www.congress.gov...
Under my leadership, this Committee is dedicated to ensuring that the legislation we produce addresses conduct that is appropriately handled...
Indeed, the Committee and Subcommittee combined have held 23 hearings since the last Congress on various anti-regulatory matters.
Once the housing bubble burst, the ensuing 2008 crash stopped the flow of credit and trapped millions of Americans.
In the absence of any meaningful regulation in the mortgage industry, lenders developed high risk subprime mortgages.