The public-private partnership idea is one that I think has some value.
We need to be careful to make sure we are not going to contribute to the very outcome we are trying to avoid.
It would seem to me you have all the authority in the world.
I believe the authority exists under the Congress for you to be able to do that under TALF with municipal issues.
I think part of this is that, remember, we do have a legal procedure.
AAA-rated bonds out of municipalities for schools and hospitals has got to be at least as creditworthy as a student loan...
I would hope there is no additional authority that you need at the Fed in order to be able to exercise that authority.
Clarity is very important, the transparency you are talking about.
had we not acted, we would be having a very different conversation in this room today.
Can you imagine if your Social Security were tied into the stock market today, what it would be like?
As this Committee works to modernize our Nation's financial regulatory structure, the question is whether we should be g...
Deregulate, fast, before everyone runs to London.
Mr. Chairman, you have an extraordinarily difficult task ahead of you.
I don't welcome that at all, but I can see how it's possible that may happen. I think that's unfortunate, but it may com...
What are the alternatives? What's more cost-effective and still maintaining national security?
I believe before we legislate in this area, I think we should be careful.
These are not mutually exclusive concepts and it is our job--our obligation--to craft a regulatory structure that can ac...
2009 could be one of the worst years on record for credit card consumers.
