That is talking about going forward.
In fact, you now hold the record, in a single year the FDIC has been forced to rescue more giant failed banks on your watch than any Fed cha...
For the largest multinational corporations, inflation has been a perfect excuse to increase profits by raising prices far beyond the costs o...
When President Trump first nominated you as Federal Chair in 2017, you testified, actually in this very room, I think, that you intended to,...
For the many of us who are concerned that further rate hikes could do more harm than good, this is welcome news.
So in 2010, Congress passed Dodd-Frank to make banking regulations tougher and to avoid future bank collapses.
Do you take responsibility for your role in these bank failures?
I find your answer really troubling, that you cannot just say yes.
So you take no responsibility on this.
Now President Biden knows that this is a serious problem.
Encouraging giant, too-big-to-fail banks to buy up small banks so there are fewer banks to monitor would be a dangerous mistake.
I am particularly concerned because regulators allowed America's biggest bank, JPMorgan Chase, to swallow up First Republic.
