I remind you, there are very effective tools that you have available to you that you can use if those plans are not credible, including forcing these financial institutions to simplify their structure or forcing them to liquidate some of their assets--in other words, break them up.
Elizabeth Warren: “I remind you, there are very effective tools that you have available to you that you can use if those plans are not…”
On the recordJuly 14, 2014
Source
congress.govEditor's note · Context
Warren highlights the Fed's authority to enforce compliance on financial institutions' plans.
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