Jeb Hensarling actually said...
I believe that if the reforms Congress passed in 2010 had been in place 3 years before, or 5 years before, then our crisis would have been much less severe and we would have been in a much better position to manage the effects of the crisis and contain the damage on the American economy.
Context
Hensarling discusses the impact of 2010 financial reforms on the economic crisis.
03/19/2012