Political Quotes

On the recordJune 20, 2012
But that essentially--I mean, we are getting to sort of what this all might ultimately rest upon--is the Federal Reserve stepping in.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed questions the Federal Reserve's role in managing potential fund failures.

Share

More from Jack Reed

Jul 10, 2026

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

coons.senate.gov
Feb 24, 2026

today I am introducing the Foreign Stablecoin Transparency Act. This important legislation would close a loophole in the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS, Act by extending a provision that…

govinfo.gov
Dec 9, 2025

today, I am introducing the Building Resilience and Stronger Communities Act, along with Senator Murkowski of Alaska. Our bipartisan bill would reinstate the Building Resilient Infrastructure and Communities, BRIC Program at the Federal…

govinfo.gov
Jun 25, 2026

It is past time we double the power of Pell grants and ensure this essential financial aid keeps up with inflation.

hirono.senate.gov

Other voices in this conversation