01/09/2024
https://congress.gov...
"I do believe that there should be a rough proportionality between the number of rulemakings and the number of good ideas."
"This will require stronger emergency liquidity provisions to banks under attack, and it has to be available 24 hours a day, 7 days a week."
"What we have learned is that we now have to reinforce our banking system against bank runs that can occur at the speed of the internet."
"Had we followed Congress' direction to include contingent capital in the stacks of U.S. large banks, we would have been able to resolve the SVB without hitting the Deposit Insurance Fund."