Janet Yellen: “We have been working to improve implementation of the CRA regulations with other banking regulators...”

I think what we found during that time was that implementing strong capital, liquidity, and risk management rules led to a stronger banking system.

I would certainly call a success.

How is it that our corporations, our multi-nationals would remain competitive if they pay a rate on their foreign profits that is higher than 15 percent?

But what caused our cash balances to run to exceptionally low levels in the past was the failure of Congress to raise the debt limit.