Jack Reed actually said...

we have gone to extraordinary lengths to provide support for financial institutions, mainly through Federal Reserve policy of lowering interest rates very close to zero.

Context

Reed highlights the disparity between support for banks and struggles of homeowners.

02/08/2012

https://www.congress.gov...

More Jack Reed Quotes

We passed legislation, for example, that tried to cap lending at 36 percent for active-duty personnel.
6/25/2012
I think, again, is absolutely essential.
6/25/2012
I think it is important to point out that the cap is 36 percent.
6/25/2012
But here is the situation. You have a prominent fund that miscalculated, in the case of the experience in 2008...
6/20/2012

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