02/22/2021
https://www.congress.gov...
"Twenty years ago the GAO came to Congress, long before I was here, long before Senator Kennedy was here, and said, 'Change it because it is a mistake.'"
"the loosening ends up having multiplier effects, that once you loosen a little bit you lose other discipline in the system."
"Then how could you say there was no evidence that anyone violated the rules? It clearly violated the rules."
"The Fed touches the lives of nearly every family in America, from influencing whether or not they can afford to buy a home..."