Political Quotes

Michael S. Barr: “I think that it would make it more likely that in the next financial crisis Congress and the President would be faced…”

On the recordApril 25, 2017
I think that it would make it more likely that in the next financial crisis Congress and the President would be faced with the same horrible choices they faced in 2008.
Said by
Michael S. Barr

Editor's note · Context

Barr warns that repealing orderly liquidation authority could lead to more bailouts during crises.

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