I do think, given the volatility we have seen in the market, given what feels like a more frequent period of shocks to the system, right, whether it was COVID 2 years ago and now the Ukraine crisis, that the collateral movement and the size of the CCPs and the volatility that we are seeing, it is extremely important to consider this proposal and this idea of having Fed accounts for CCPs.
Scott emphasizes the need for Federal Reserve accounts for clearinghouses amid market volatility.
Share & report
More from Austin Scott
I will tell you I am very concerned about some of the conduct I am seeing from some of the people that are about to testify in the differentials and what they are paying people based on race.
If African Swine Fever made its way to the shores of this country, it wouldn't just impact the pork producers. It would have a devastating impact on commodity prices of corn...
The Federal Trade Commission has not been active enough in this and it has led to a significant amount of monopolization in the processing.
Mr. Gelchie, we talked in New York about Vladimir Putin's invasion of Ukraine and the disruption.
Other voices in this conversation
