translation.en: Congress, it may strike you as impossible, but actually did something intelligent in 1994, and passed the Home Ownership and Equity Protection Act that gave the Fed, and only the Federal Reserve, the explicit, statutory authority to ban liar's loans by every lender, whether or not they had federal deposit insurance.
translation.zh: 国会，说起来你们可能不信， 在1994年实际上倒是干了点实事， 通过了《房屋所有权和股权保护法》， 法案赋权美联储，仅限美联储 明确的法律权力去取缔来自任何借方的 欺骗性贷款业务， 无论这些借方有无联邦存款保险。