Political Quotes

Carolyn Maloney: the purpose of the Office of Financial Research--and I was one of the contributors in authoring it--was based upon…

On the recordFebruary 4, 2014
the purpose of the Office of Financial Research--and I was one of the contributors in authoring it--was based upon language set forth in Dodd-Frank to collect industry trade and transactional data for review and analysis to proactively prevent any future meltdowns like we saw in the Great Recession.
Said by
Carolyn Maloney
Democratic · New York

Editor's note · Context

Maloney emphasizes the Office's role in preventing financial crises through data collection.

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