On the recordApril 21, 2009
I took that in layman's terms to be some tough choices we're going to have to make.
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congress.govI took that in layman's terms to be some tough choices we're going to have to make.
Bayh interprets the need for adjustments in military strategy as requiring difficult decisions.
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These men and women will be the builders who will be responsible for taking abstract concepts and turning them into a reality.
Capital liquidity standards, resolution protocols, how we handle derivatives, all those kinds of things, it is just important that we harmonize as much as possible.
I hope your take-away from this when you go to the international forums in which you work with our counterparts is that you can tell them that the Congress is serious about convergence.