The Department of Commerce plays a vital role in our Federal Government and is in dire need of a leader to oversee the programs and agencies that are in distress.
The talk is over. Now it is time for action.
I wish we had established that principle more clearly.
I wanted the market to decide that.
I hope we will resist any move--any move--that gives anybody that kind of power and basically renders almost every other entity in Governmen...
I have a deep faith that continues to this very day, that markets do a better job disciplining risk than bureaucrats do.
Absolutely.
You cannot stop everybody from failing. You have to have a mechanism where the people who were unsuccessful get taken over and replaced by p...
I believe myself that they have utterly failed as a regulator, utterly, because most of our Wall Street banks that got in trouble, and some ...
The SEC's Consolidated Supervised Entity Program, I believe was not a success.
I think we ought to pay particular attention to that.