Jack Reed actually said...

I don't think anyone knows more about the intricacies of the budget and the institutional culture of the Pentagon than Bill Lynn.

Reed highlights Bill Lynn's extensive knowledge and experience relevant to his new role.

01/14/2009

More Jack Reed Quotes

We have also examined problems that resulted from regulators simply failing to use the authority they had.

We need to be thoughtful and deliberate in our approach, but we need to act soon.

As the President's plan evolves, if it is not modified, the Federal Reserve essentially would be the direct regulator of most of the major f...

Much of the responsibility for setting standards would remain with the Federal Reserve, which raises serious concerns given its failure in r...