On the recordFebruary 11, 2010
I am pleased to call to order this Subcommittee for a hearing entitled 'Equipping Financial Regulators with the Tools Necessary to Monitor Systemic Risk.'
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congress.govI am pleased to call to order this Subcommittee for a hearing entitled 'Equipping Financial Regulators with the Tools Necessary to Monitor Systemic Risk.'
Chairman Bayh opens the hearing focused on enhancing financial regulatory tools.
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I am delighted they are talking about the capital standards, but this is going to involve different levels of domestic political pain depending upon the country.