Political Quotes

On the recordMay 19, 2009
In light of the Fed's--and you played a role in it--the Fed's track record, don't you think there is a significant risk that in the name of systemic risk regulation the Fed would subordinate its bank regulatory and monetary policy functions in order to protect and perhaps preserve the biggest institution?
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby questions the risks of the Fed's new role as a systemic risk regulator.

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