Political Quotes

Michael S. Barr: “The responsibility of bank management is to take the monetary policy, the interest rate world around it, and to respond…”

On the recordMay 15, 2023
The responsibility of bank management is to take the monetary policy, the interest rate world around it, and to respond with appropriate risk metrics, and they didn't do that.
Said by
Michael S. Barr

Editor's note · Context

Barr discusses the responsibility of bank management in response to monetary policy.

Share

More from Michael S. Barr

May 24, 2023

We are playing right into China's strategy.

congress.gov
Oct 18, 2023

I believe that it should be the sense of Congress that the policy of the United States is to prevent from Iran from obtaining a nuclear weapon by all means necessary.

congress.gov
Jun 20, 2023

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

congress.gov
Nov 14, 2023

I think congressional oversight is absolutely essential, but I would not pursue the particular legislation that you have described.

congress.gov