Political Quotes

Jack Reed: “I think it is important at least to recognize that the problems in the housing sector... have implications not only for…”

On the recordFebruary 29, 2012
I think it is important at least to recognize that the problems in the housing sector... have implications not only for the borrower and the lender but also for the neighborhood, for the community, and, of course, for the national economy.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed emphasizes the broader impact of housing market issues on society and the economy.

Share

More from Jack Reed

Aug 29, 2026

When he unilaterally launched this war, Trump promised he would destroy Iran's nuclear program, eliminate its missile and drone arsenal, dismantle its defense industrial base, wipe out its proxy networks, and topple the regime in a matter…

cbsnews.com
Sep 1, 2026

President Trump’s effort to turn the U.S. military into an investor in Venezuelan oil is a blatant abuse of power and taxpayer dollars.

dailycaller.com
Sep 2, 2026

His administration removed Nicolás Maduro from power, threw its weight behind the unelected leadership that replaced Maduro, and is now attempting to use U.S. military assets and taxpayer-backed financing to boost a private oil venture.

cbsnews.com
Sep 1, 2026

President Trump has been explicit about his desire to extract Venezuela's oil," Reed said in a statement.

cbsnews.com

Other voices in this conversation