07/18/2022
https://congress.gov...
"Since Glass-Steagall was weakened and a variety of our financial services regulations were lightened... we saw emerging market crises."
"Let us not think about this like motor vehicle safety and speed limits... because when they happen, they are almost unthinkably catastrophic."
"I have been uncomfortable sitting here listening to a traditional way of evaluating cost-benefit analysis."
"I hope that the panel today will address them and give us some guidance on how we can best secure our public policy goals without taking on the risks that were incurred in the 1990s."