06/08/2021
https://www.msnbc.com...
"Do you agree that inadequate regulation of banks helped lead to the 2008 financial crisis?"
"I will take that as, no, you cannot come up with a reason, but you are not telling me you will commit to keeping capital standards high."
"So why on Earth would this be the time to reduce capital standards for these too-big-to-fail banks?"
"So given your agreement that the new rules have made the financial system safer, are you concerned that the Fed is looking to reverse course and lower capital standards for the biggest banks?"