Political Quotes

On the recordJuly 22, 2009
Much of the responsibility for setting standards would remain with the Federal Reserve, which raises serious concerns given its failure in recent years to identify serious risks to our financial system.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Critiquing the Federal Reserve's past performance in risk identification.

Share

More from Jack Reed

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
Mar 11, 2026

23 years ago this month, President George W. Bush launched the invasion of Iraq. The speed, power, and sophistication of the American military campaign was astounding. Within 3 short weeks, the United States had crushed the Iraqi army and…

govinfo.gov
Mar 21, 2026

I will not. But this is not the way the bill works. If you review the specific page and line that Senator Lee has referenced, page 14, line 15, and just look a few lines further in that same direction--specifically page 15, line 6--the…

govinfo.gov
Jul 10, 2026

The Trump Administration is driving up energy prices and throttling back federal aid.

coons.senate.gov

Other voices in this conversation