Political Quotes

Barry Loudermilk: “Considering the Federal Reserve supervisors failed to anticipate obvious systemic risks directly related to their own…”

On the recordMay 9, 2023
Considering the Federal Reserve supervisors failed to anticipate obvious systemic risks directly related to their own response to rapid inflation, do you believe it is appropriate that they continue pursuing other major supervisory initiatives such as Basel Endgame or Vice Chairman Barr's holistic capital review?
Said by
Barry Loudermilk
Republican · Georgia

Editor's note · Context

Questioning the appropriateness of the Fed's focus on new initiatives amid existing supervisory failures.

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