Political Quotes

Michael S. Barr: “The argument for why regulation and monetary policy are both at the Fed is that it is supposed to inform each other.”

On the recordMay 15, 2023
The argument for why regulation and monetary policy are both at the Fed is that it is supposed to inform each other.
Said by
Michael S. Barr

Editor's note · Context

Barr explains the interconnectedness of regulation and monetary policy.

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The bank did respond to regulator citations but those responses were insufficient.

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Shouldn't this be a more transparent public Board meeting and a deliberative process that includes all members of the Board?

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