Political Quotes

Maxine Waters: “As I understand it, the New York Fed may not regulate primary dealers, but they do set out business standards and…”

On the recordJuly 17, 2012
As I understand it, the New York Fed may not regulate primary dealers, but they do set out business standards and technical requirements for primary dealers, and they can fire a primary dealer at any time. Are any going to be fired, do you know?
Said by
Maxine Waters
Democratic · California

Editor's note · Context

Waters questions Bernanke about the regulation of primary dealers and potential firings.

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