On the recordNovember 3, 2015
It is important to the Fed to be able to put in place the supervision program that we regard as appropriate for a particular institution.
Source
congress.govIt is important to the Fed to be able to put in place the supervision program that we regard as appropriate for a particular institution.
Yellen emphasizes the Fed's need for supervisory authority over institutions.
Share & report
More from Janet Yellen
That those who were responsible for the failure of a bank should not be profiting when stockholders and investors in the bank are taking--forced to take losses.
It is important to be clear, shareholders and debt holders of the failed banks are not being protected by the government.
There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.