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.
Hensarling discusses the impact of 2010 financial reforms on the economic crisis.
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I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.
Mr. Speaker, I yield 2 minutes to the gentleman from Arkansas (Mr. Hill), the Financial Services Committee majority whip.
Mr. Speaker, I yield 1 minute to the gentleman from Pennsylvania (Mr. Rothfus), the vice chairman of the Financial Institutions Subcommittee.
Mr. Speaker, I thank the gentleman for his kind words, and far more importantly, I thank him for his leadership. He is truly one of the workhorses for economic growth in the United States Congress. Again, I take great solace, as I will…
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