It is a great question to ask, Mike, on this, because for years, in fact, it was the independence...
You have got to have a confirmable nominee, and we have got to get someone in place.
We cannot legislate morality, and goodness knows we cannot legislate wisdom.
The work is not done at all. Hardly a mission accomplished.
In my view, history will record that your involvement and your participation helped save this country, and so I apprecia...
the Dodd-Frank Act also calls for the largest and most systemically important banks to meet higher capital requirements.
But like the Glass-Steagall Act and the Securities and Exchange Act, it will require very good, competent, energetic reg...
it is essential that the liquidation rules make clear to equity shareholders and unsecured creditors that they, not taxp...
What we have done with this legislation is to eliminate the gaps, the overlaps, and the shortfalls that allowed some fin...
It was never my intention to have the U.S. Senate, the House of representatives, or the Congress as a whole do the job o...
we are well on our way to putting this, 'badly needed' Dodd-Frank Act into effect.
Thank you very much, Chairman Bair, and thank you again for your tremendous involvement over these many, many months.
We have established an early warning system so that we never again find out that a financial product or practice is unsa...
Thank you as well for your insistence over the years on financial literacy.
It is at risk in my view until we get someone in, running the place and demonstrating what it can do.
The legislation does not authorize the regulators to impose margin on end-users, those exempt entities that use swaps to...
if under the insourcing review DOD determines that a function would more appropriately be performed by Federal employees...
I hope that it's now systemic in the thinking within DOD, as well as in the branches of the military, to think in terms ...