Elizabeth Warren actually said...

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?

Warren challenges Quarles on his decision to reduce oversight of Credit Suisse.

05/24/2021

More Elizabeth Warren Quotes

This is the most severe ethics scandal in the Fed's 110-year history, yet other than a few officials taking an early retirement we have seen...

Independence should not be conflated, however, with a total lack of accountability when the Fed and its leadership make serious mistakes.

the loosening ends up having multiplier effects, that once you loosen a little bit you lose other discipline in the system.

I absolutely agree that the allegations of improper trading and ethics violations are disturbing, and they are alarming.