In fact, last October, Council of Economic Advisers Chair Christina Romer testified to this committee that the shocks we endured in the 'Great Recession' were actually worse than those of the Great Depression.
Maloney cites Romer's testimony comparing the Great Recession to the Great Depression.
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If we are able to comprehensively address this crisis, it will depend on getting dark money out of our political system and make democracy responsive to everyday Americans.
So, in this moment where you, as lawmakers, have been given the green light to take away our power of our most personal decisions, I want to close by asking you this question: Who are you going to be? Will you sit in judgment of people who…
I am also concerned that foreign issuers, including foreign hedge funds and private equity funds that raise capital in the United States, take advantage of these exemptions.
In 2009, this committee passed a bipartisan bill called the Credit Card Bill of Rights, which the CFPB said saved consumers roughly $16 billion.
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