Political Quotes

Jack Reed: “We allowed fundamental regulatory arbitrage to lead to a very difficult situation”

On the recordFebruary 3, 2010
We allowed fundamental regulatory arbitrage to lead to a very difficult situation
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed highlights the regulatory failures that contributed to financial instability.

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
Aug 18, 2026

While the President and his family accumulate billions of dollars through dubious deals, normal hardworking Americans are struggling just to get by.

vanhollen.senate.gov
Aug 18, 2026

When President Trump cuts military exercises to flatter a dictator or punishes South Korea for declining to join a war he started, all of our allies – and adversaries – think that America’s commitments are negotiable.

theguardian.com
Aug 29, 2026

The President has waged this war without public support or congressional consent, and it is far past time for accountability.

cbsnews.com

Other voices in this conversation