Bill Foster actually said...

History tells us that systemic financial risks do not come from politically-driven overreaction to emerging risk, but rather from regulatory capture.

Foster warns against political overreactions and emphasizes the danger of regulatory capture.

07/17/2023

More Bill Foster Quotes

AIG was famously referred to, if I remember correctly, by the Republican Federal Reserve Chair, Ben Bernanke, as a, 'healthy and well-run in...

If we need an example of why oversight of nonbank financial firms is essential, we can look at China today.

We must instill transparency and accountability. We must protect American innovation from the political whims of unelected bureaucrats.

Yes. For example, if this was in place during COVID, when we had to onboard massive numbers of unbanked customers, but the customers had had...