Jeb Hensarling actually said...

By designating certain firms as systemically risky, we almost guarantee that there will be more Fannie Maes and Freddie Macs.

First of all, it certainly would seem to enshrine us as a bailout nation.

The underlying assumption is that our economic turmoil has somehow been caused by lack of regulation.

This Office of Consumer Financial Products, we would call it financial product polit bureau that ultimately will decide whether Americans ca...