We've also been very encouraged recently to hear President Biden lament the fact that the R&D intensity, the fraction of GDP (gross domestic product) that we devote to R&D has dropped precipitously from its historic levels.
Foster highlights concerns about declining R&D investment in the U.S.
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I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.
Maintaining a healthy-sized distribution in the banking industry is of bipartisan concern.
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If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…
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