On the recordMarch 25, 2009
The problems also did not arise because of 'outdated laws from the 1930s' or, except in limited circumstances, from 'gaps' in statutory authority in the banking or securities sectors.
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congress.govChuck Schumer: “The problems also did not arise because of 'outdated laws from the 1930s' or, except in limited circumstances, from…”
Editor's note · Context
Schumer argues that regulatory failures are not due to outdated laws or statutory gaps.
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