Bill Foster: “Mr. Foster which would prohibit brokers and investment advisers from using forced arbitration clauses in their customer…”

I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.

The good news is that macroeconomic policy is working as designed.

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…

Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.