Political Quotes

Michael S. Barr: “Using the power of the government to crowd out the public sector, to politicize banking, will make it…”

On the recordJuly 20, 2021
Using the power of the government to crowd out the public sector, to politicize banking, will make it harder--harder--not easier, for Americans to access financial services.
Said by
Michael S. Barr

Editor's note · Context

Barr warns that politicizing banking will hinder access to financial services.

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More from Michael S. Barr

May 15, 2023

I do think the banking system is sound and resilient.

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May 15, 2023

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

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Nov 14, 2023

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

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Jun 20, 2023

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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