Congress Pushed the U.S. Central Bank on Housing Bubble, Says Greenspan
April 07, 2010 at 11:57 AM EDT
Former Federal Reserve Chairman Alan Greenspan chastised critics Wednesday by pointing out that it wasn’t just wild greed and market failure that led us near financial collapse. According to Mr. Greenspan, Congress pushed the Fed to make sure lending to low and moderate income borrowers kept rising in the 2000s. Reuters: “If the Fed [...]