Evan Bayh
The Public Record
U.S. Senator from Indiana
The Fed, though, is now engaged in some rather extraordinary efforts, which I support, to prevent a lapse back into a more sluggish economy.
Well, and if they have to be focused on capital preservation, then obviously they are not lending, and that is yet another drag upon the recovery, isn't it?
And the more protracted this foreclosure problem, the more that delays recovery.
We have been hoping that this clearing process would take place, that we would get footing under the real estate sector.
I was really heartened to hear about the sort of tension about more transparency.
Well, I would encourage you to keep an eye on that because to the extent that they are not harmonized, they can lead to some consequences that could hurt us commercially.
I think it is important with regard to Volcker and some of these other things that you look at what was said.