The purpose of these tests is to try to assess how much additional capital and what kind of capital they need so they wi...
Call it public-private partnership. It is not nationalization because the banks will not be wholly owned
The Congress needs, in my opinion, to set forward a much more elaborate version of FDICIA.
we want to keep the option open to buy Treasury securities if we think that is the best way to improve the functioning o...
But I do believe that our major banks have significant franchise values.
You do not create a market by Government action or Government regulation.
If we hadn't had the TARP money in October, we would have had a global banking crisis.
Well, I do support the separation of banking and commerce.
If unemployment benefits are not distributed to the unemployed, then obviously they won't spend them and it won't have t...
evaluating the benefits of purchasing long-term Treasury securities.
I think the idea of using a public-private partnership in an asset purchase facility is potentially appealing.
It seems more appropriate, given the close relationship between the Federal and State governments, for that to be the lo...
I think a complete recovery would require a global recovery and that would require----
Honestly, Senator, I think it is not up to me to make that judgment.
So the purpose of the test is to try to ensure that even in a bad scenario, banks will have enough capital.
We got involved in them, frankly, because there is no clear resolution authority, in the United States for dealing with ...
as we look at regulatory reform, we need to ask the question, are all the sectors of the economy that need oversight, ar...
if we are going to have a strong recovery, it has to be on the back of a stabilization of the financial system