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 colleagues to support this legislation.
Discussing a bill to enhance the Financial Stability Oversight Council's effectiveness.
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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.
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.
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