I believe that the Federal Reserve deposits are exactly the sort of safe place for these large immediately callable cash positions that we should actually be encouraging because of the strength and reliability of the Federal Reserve as a counterparty.
Foster advocates for the safety of Federal Reserve deposits.
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This bill strengthens FSOC's capability to execute its mission by improving consistency, accountability, and outcomes for our financial system. I appreciate also Ranking Member Waters' support for this bill in committee and urge my…
If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.
While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.
I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
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