Quickly, is the Fed really the appropriate agency to regulate insurance companies, because they have no history there.
These events reveal that comprehensive insurance regulation must be a part of our reform effort.
I believe we are grappling here in the Banking Committee with maybe the most challenging, complex piece of legislation or proposed legislati...
I believe our next question should be: Who should regulate it?
It would put a lot of power in bureaucrats, would it not?
I believe that expanding the Fed's power in this manner could be very dangerous.
No, if we created something like they proposed, which I hope we won't, it would put a lot of power in the bureaucrats.
If market participants believe that they no longer have to closely monitor risks presented by financial institutions, the stage will be set ...
I believe that it would be legislative malfeasance to simply tell a particular regulator to manage all financial risk without having reached...
I believe that expanding the Fed's powers in this manner could be very dangerous.
I don't believe it is possible in the American system of Government, nor do I think it should be possible in the American system of Governme...