Political Quotes

Pat Toomey: “The drop in the capital ratio was expected to be temporary, and that it would return above 2 percent within the next 2…”

On the recordDecember 5, 2012
The drop in the capital ratio was expected to be temporary, and that it would return above 2 percent within the next 2 or 3 years, even if FHA were to make no policy changes at all.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey critiques the administration's overly optimistic forecasts regarding FHA's capital ratio.

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