Edward Royce actually said...

"I think that the central banks in Japan and Europe are trying to overcompensate for irresponsible fiscal policy."

"You told the committee in November that if the economy were to deteriorate in a significant way, potentially anything, including negative interest rates, would be on the table."

"The latest stress-test scenario that was published by the Fed includes this scenario where the rate on 3-month U.S. Treasuries drops below zero from the second quarter of 2016 through 2019."

"This timing is interesting because it comes at a time when the European Central Bank and the Bank of Japan have both instituted these negative interest rate policies."