Political Quotes

Bob Menendez: But up until now, to be honest, wasn't the drive to basically say, leave the marketplace to act on its own, and if…

On the recordMarch 23, 2009
But up until now, to be honest, wasn't the drive to basically say, leave the marketplace to act on its own, and if consolidation took place, so be it, under the presumption that the regulators were going to keep it in check.
Said by
Bob Menendez
Democratic · New Jersey

Editor's note · Context

Menendez questions the effectiveness of past regulatory assumptions.

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