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.
Elizabeth Warren: “I think the language in the statute is pretty clear that you are required, the Fed is required to call it every year on…”
On the recordJuly 14, 2014
Source
congress.govEditor's note · Context
Warren emphasizes the Fed's obligation to assess the credibility of financial institutions' plans annually.
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