But you so miss the point....when Jorge (as you say) did all those things, he was teaming with DEMOCRATS to get them done...meaning Trumps comment that Democrats would not have caused that is just as idiotic as I said it is.
Jorge made mistakes, but they were always being too much like Democrats. And BTW, to Jorge and Juan (McCain)s credit - and I cannot stand either of them - they both tried to call out Fannie and Freddie in 2005-6-7 - but were not successful. Again, Jorge is not running. Juan is not running. But someone who doesn’t understand what caused the crash is....and his name is Trump .
From the start, Bush embraced a governing philosophy of deregulation. That trickled down to federal oversight agencies, which in turn eased off on banks and mortgage brokers. Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush’s advisers at the White House as well as other powerful Republicans and quit.