I think we were monitoring housing prices very carefully and became concerned certainly by 2005 that there might well be a bubble in the housing market.
I am wholeheartedly committed to pursuing the Federal Reserve's Congressionally mandated goals of maximum employment and price stability.
We are being asked in this bill, appropriately so, to raise capital standards and liquidity standards for these institutions.
I am honored to appear before you as President Obama's nominee to serve as a member and Vice Chair of the Board of Governors of the Federal ...