Political Quotes

Jeb Hensarling: How many times do we have to be burned before we learn that government guarantees don't make markets safer; they make…

On the recordOctober 28, 2013
How many times do we have to be burned before we learn that government guarantees don't make markets safer; they make them more dangerous?
Said by
Jeb Hensarling
Republican · Texas

Editor's note · Context

Questioning the effectiveness of government guarantees in housing markets.

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More from Jeb Hensarling

Dec 10, 2018

How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.

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I would just point out again, all this bill does is extend for 6 months the current policies of the NFIP. Not one single policy of the NFIP is changed in this bill. Mr. Speaker, I yield such time as he may consume to the gentleman from…

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reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.

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May I inquire how much time I have remaining. The Acting CHAIR (Mr. Paulsen). The gentleman from Texas has 4 minutes remaining.

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