On the recordJanuary 9, 2024
AIG was famously referred to, if I remember correctly, by the Republican Federal Reserve Chair, Ben Bernanke, as a, 'healthy and well-run insurance company with a hedge fund grafted onto it.'
Source
congress.govAIG was famously referred to, if I remember correctly, by the Republican Federal Reserve Chair, Ben Bernanke, as a, 'healthy and well-run insurance company with a hedge fund grafted onto it.'
Foster discusses the risks posed by AIG and the importance of regulation.
Share
More from Bill Foster
I rise as a Ph.D. physicist in Congress, who spent most of his career in the national laboratories of the Department of Energy, to share the story of a research engineer at a national lab who was recently fired without cause by President…
I missed a recorded vote today. Had I been present, on Roll Call No. 227, Ogles Amendment No. 1 to H.R. 5403, CBDC Anti-Surveillance State Act, I would have voted `no'.
There are some complex issues here, but we are working constructively to get this done.