01/24/2024
https://www.congress.gov...
"It is your responsibility to enforce the law and to hold banks accountable for misdeeds with meaningful punishments--not slaps on the wrist, not paltry fines that do not make a dent."
"It's your responsibility to enforce the law and to hold banks accountable for their misdeeds with meaningful punishments."
"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."