On the recordMarch 17, 2021
A key purpose of the [G-SIB] capital surcharge is to require the firms themselves to bear the costs that their failure would impose on others.
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congress.govA key purpose of the [G-SIB] capital surcharge is to require the firms themselves to bear the costs that their failure would impose on others.
Yellen emphasized the importance of the G-SIB surcharge for financial stability.
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