03/22/2023
https://www.congress.gov...
"we sort of ganged together, papered it over, and went on having learned nothing"
"You certainly need regulation. You need the right regulation. And you need a strong regulatory structure, but it is not in itself, I believe, sufficient."
"On February 4, 2010 Sen. Jack Reed introduced S. 3005, 'The National Institute of Finance Act of 2010.'"
"the taxpayer had to step in because there wasn't enough capital in the private sector to cover the risks"