I am sorry. Surely, you are not going to take the position, Mr. Dudley, that if most of the time most of what the Fed does is boring or even does its job, that it is OK every now and again to throw in 10 minutes of backing people off their regulatory duties, of standing up for the banks, of overruling those who find problems and say they want to pursue them.
Elizabeth Warren: “I am sorry. Surely, you are not going to take the position, Mr. Dudley, that if most of the time most of what the Fed…”
On the recordNovember 20, 2014
Source
congress.govEditor's note · Context
Warren questions the Fed's accountability despite occasional regulatory lapses.
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