Political Quotes

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.

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More from Jack Reed

Sep 12, 2023

I think your approach is one that will meet this extreme demand in a shorter period of time than going out and building from scratch.

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Sep 12, 2023

So it suggests State action as well as Federal action.

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Apr 8, 2024

the responsibility for this predicament and it is a very serious one is shared by both Congress and the Executives.

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Nov 8, 2023

We provided additional resources at ARPA (The American Rescue Plan Act of 2021) to do that, and those resources have been exhausted.

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