I share my colleagues' concerns about giving the Fed additional authority to regulate systemic risk.
I appreciate my friend and colleague's comments, because he is on track and I agree with him.
There have to be alternatives within those two bookends that give us far more flexibility to respond to these situations.
A council of regulators will provide the necessary perspective and expertise to view our financial system holistically.
In our system of Government, elected officials should make decisions about fiscal policy and the use of taxpayers' dollars, not unelected ce...
I support the actions the regulators have collectively taken to stabilize the financial system.
Ultimately, I believe if we are able to reach some sort of agreement on systemic risk and whether it can be managed, I strongly believe that...
Without a new comprehensive resolution regime, we will be forced to repeat the costly ad hoc responses of the past year.
Handing over the public purse to an enhanced Fed is simply inconsistent with the principles of democratic Government.
Weeks go by and there is no resolution. There is no conclusion as to whether or not that situation can be resolved.
I am prepared to make some of these investments provided we get some results.