Bill Foster: “It is one of the most important successes we don't talk about enough.”

Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----

If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.

I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.

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.