On the recordOctober 16, 2008
Where were the regulators?
Said by
Christopher J. Dodd
Where were the regulators?
Dodd questions the absence of regulatory oversight during the housing crisis.
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More from Christopher J. Dodd
We do not need ideology, and we do not need politics. We need clear-headed thinking.
I think Senator Akaka did it as well. Sheila Bair... has just done a remarkable job.
Congress should pass the Homeownership Preservation and Protection Act--two things to mention there--that Senator Dodd sponsored and many Members of the Committee co-sponsored.
I hope that we will get in the next administration regulators who understand what their duty and obligation is.