04/02/2024
https://www.congress.gov...
"I would not draw any lessons and apply them to all banks."
"One of the tools that Congress has given the Fed to combat too big to fail is Section 165 of Dodd-Frank."
"I think the language in the statute is pretty clear that you are required, the Fed is required to call it every year on whether these institutions have a credible plan."
"I hope you would urge greater transparency by these large financial institutions that are required to submit these plans."