runs with potential systemic impacts on the financial system
The reason that the NAV is solid at a dollar and not a gimmick or whatever is precisely because of the portfolios and th...
I also sitting up here as a Senator want to make sure that the taxpayers do not have to bail out anybody.
Some have argued that a product that seeks to maintain a stable net asset value while investing in instruments that can ...
If you are running a financial institution, you have got to have capital and it has got to be liquid.
However, because the Federal Government guarantees bank deposits, this Committee has a responsibility to ensure that ban...
I disagree that less supervision and less regulation will magically make the system less risky.
As we learned from the most recent financial crisis and this particular incident, regulators do not always meet our expe...
The refusal of the Bureau, a lot of us believe, to issue clear rules means that banks will have higher costs, more expos...
So they took a position. Was that a position to manage something they had already done?
I believe it is critical that this Committee conduct rigorous oversight to ensure that the financial regulators do not r...