The economic and financial climate has deteriorated significantly since our last monetary policy hearing in July of 2008.
The Federal Reserve has provided assistance to several large financial entities, according to their words, 'in order to ensure financial mar...
The Federal Reserve will continue to run a virtual alphabet soup of liquidity facilities through April 30, 2009, at the least.
The Federal Reserve's balance sheet has more than doubled in size and presently stands at about $2 trillion.
Dr. Volcker...thought some institutions, some banks were too big to exist.
I believe that was a term that Senator Corker used one time.
Do you believe, and I know you haven't been in the Fed that long, but do you believe that the Fed has adequately supervised our banks as a r...
A lot of people wonder, where were the regulators in the past 5 or 6 years, including the Federal Reserve.
this begs the question of nationalization.
Regulators also need to make sure that they do not stifle innovation or unduly restrict consumer choice.
I really believe that is a good reform. That is a good government reform.
Limiting the ability of consumers of low and moderate means to obtain credit could have unfortunate consequences.
While I believe that there are many credit card practices that need reforming, I also believe that regulators need to be especially careful ...
I hope you will not, once you flesh out your concept, it will be a TARP II or something like it. If it is, you are headed down the wrong roa...
Would you as the Secretary furnish this committee a detailed report of all the debt, where it is, the exposures, the guarantees and so forth...
Unvarnished.
Do you believe, as Secretary of the Treasury, unlike the TARP deal, that the American people need to know, should know the truth of the debt...
You are not telling us there is no risk to the taxpayer here.
