I certainly would agree that after the Lehman and AIG experiences there is little doubt that we need a third option that--between the choices of bankruptcy and bailout for non-bank financial firms and that we have to end the expectation that certain financial institutions are too big to fail.
Chu emphasizes the need for a resolution authority for failing financial firms.
Share
More from Judy Chu
On behalf of the Congressional Asian Pacific American Caucus, I rise in strong opposition to H.R. 881. This bill would block Department of Homeland Security funding from colleges and universities with a Confucius Institute, which is known…
well, it is not hogwash to this woman in Georgia. She sought care from an unregulated clinic that offered free ultrasounds and medical advice. She thought that was so great. The ultrasound technician incorrectly informed her that her…
We are their elected representatives, endowed with the responsibility to be their voice in Washington, D.C.
We will fight to keep Americans’ sensitive data private and protect the payment systems that Americans depend on.
Other voices in this conversation
