Steve Driehaus said "Well, I would just share with you and share with everyone here that the reality is that, from a legislative standpoint, nothing has changed. Despite the fact that we're in the worst recession that we've ever experienced--we all know what caused this. We know how we got here. We know the lack of regulation on these very sophisticated financial instruments caused the mortgage meltdown which led to the recession. But the fact of the matter is, legislatively, nothing has changed in statute. We passed a good bill out of the House----" @ PoliticalQuotes.com

On the recordMay 5, 2010

Well, I would just share with you and share with everyone here that the reality is that, from a legislative standpoint, nothing has changed. Despite the fact that we're in the worst recession that we've ever experienced--we all know what caused this. We know how we got here. We know the lack of regulation on these very sophisticated financial instruments caused the mortgage meltdown which led to the recession. But the fact of the matter is, legislatively, nothing has changed in statute. We passed a good bill out of the House----

Said by

Steve Driehaus

Ohio

Source

govinfo.gov

Editor's note · Context

Driehaus discusses the lack of legislative change despite the ongoing recession.

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