On the recordSeptember 29, 2009
it was a distasteful but necessary step to protect millions of innocent people.
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Evan Bayh
Source
congress.govit was a distasteful but necessary step to protect millions of innocent people.
Bayh emphasized the need for government intervention during the financial crisis.
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The Fed, though, is now engaged in some rather extraordinary efforts, which I support, to prevent a lapse back into a more sluggish economy.
Capital liquidity standards, resolution protocols, how we handle derivatives, all those kinds of things, it is just important that we harmonize as much as possible.
I had no idea until I was talking to Senator Bennet yesterday about his father's long commitment to public service.