Chuck Grassley Quotes
Finding out exactly what went wrong is key toward preventing future debacles.
United States, Congress, Senate. "Grassley Statement on Inspector General Report." Office of Senator Chuck Grassley, 15 Apr. 2010.
Greenspan, and his huge staff of economists all completely missed predicting the Meltdown of 2008. They had the power to regulate many of the banks and other companies that got into trouble in the Great Recession. However, all the financiers and economists of the banks of America with their staffs, not only missed the predictions but recommended the disastrous course of activity that almost destroyed the nation’s economy. Only a handful of economists predicted the Meltdown. Those few were not connected with any of the banks or any of the government bank regulators which had become so much like each other as the result of the revolving door, that there was little difference in their thinking.
He was the Chairman of the Senate Judiciary Committee.
Charles Ernest Grassley is an American politician serving as the president pro tempore emeritus of the United States Senate, and the senior United States senator from Iowa. He is in his seventh term in the Senate, having first been elected in 1980.