03/16/2022
https://www.congress.gov...
"In plain English, the Fed said that Credit Suisse's models just were not realistic."
"Let me ask this: Mr. Quarles, do you now agree that you made the wrong decision to weaken supervision for a bank like Credit Suisse?"
"Our job is to hold accountable the institutions that for too long have had outsized power in our economy."
"It's your responsibility to enforce the law and to hold banks accountable for their misdeeds with meaningful punishments."