I cited that and referred to that in my testimony, so I do not think you can take any single piece of research as wholly dispositive.
I am very troubled by the leak.
these regulations [that have been imposed since the 2008 financial crisis] are new and we should be willing to adjust th...
I think it is, to me, very clear that financial institutions are much stronger, safer, sounder, more resilient, better c...
We do not want our banks to turn into Government mutual funds, where they hold only Government securities.
I agree with that. I would add two quick things.
I do not know that there is a tradeoff, and I think, again--I do not want to look at the pre-crisis levels of liquidity ...
I think every study does consider the question--every study I have seen--I have not read them all, but I have read a lot...
It is very clear that banks have reduced their portfolios of fixed-income securities.
It is the heart of their jurisdiction to decide who gets prosecuted and for what.
This is our system, and I think the obligation is on us to play as a team and to collaborate.