I think it is our obligation, and it is an important obligation.
these regulations [that have been imposed since the 2008 financial crisis] are new and we should be willing to adjust th...
I agree with that. I would add two quick things.
I am very troubled by the leak.
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...
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 ...
It is very clear that banks have reduced their portfolios of fixed-income securities.
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...
We do not want our banks to turn into Government mutual funds, where they hold only Government securities.
I think it is, to me, very clear that financial institutions are much stronger, safer, sounder, more resilient, better c...
The authority to shut down an institution or hold a hearing about it I believe is triggered by a criminal conviction.