I wanted to go back to the challenge of regulatory capture.
Well, this is happening regularly. We have banks that control pipelines.
Is it your recommendation today that the Fed aggressively require divestment of commodities by banks that are also tradi...
I think it is something that may help explain some of the cultural issues that seem to be coming up time and time again.
I think the current law is not effective in accomplishing what it set out to accomplish.
If we need the expertise that comes from having been in these sophisticated transactions in order to understand and regu...
I would rather see a class of professional regulators very well trained and very well incentivized to do that which is r...
It seems to me on that third point that the best--the very good examiners are going to need that.
I think it takes Congress to do something like that.
People really respond to incentives, and so one of the problems of Government service in an agency like the Federal Rese...
we were in the middle of a tremendous economic collapse
I am not quite persuaded of that, but thank you for pursuing it, because a lot of people would be more fairly treated wi...
Thank you for your service as Chairman of this Banking Committee. It has been a pleasure to serve on it.
Are you willing to aggressively pursue a model which would be fundamentally fair to homeowners?
I am not satisfied yet that homeowners have gotten a fair shake when we have been through this time and time again.
I encourage you to put pedal to the metal in that regard.
Why can't we harmonize those things two things and say Europe and the United States ought to move together?
I will miss Nick a lot.
