So given your agreement that the new rules have made the financial system safer, are you concerned that the Fed is looking to reverse course and lower capital standards for the big...
Do you agree that inadequate regulation of banks helped lead to the 2008 financial crisis?
I see an industry that is doing everything it can to throw sand in the gears of the insulin market.
So my view on this is that when it comes to keeping prices low for consumers, nothing beats a competitive market.
I think that is great. But we cannot mistake this market for a competitive market.
The answer is, after a hundred years, zero.
What steps, if any, has the Navy taken to reprioritize mission demands across combatant commands?
So are you saying for certain that the language of the legislation cannot be interpreted to allow JPMorgan and Citi to reduce their capital ...
This is great for big banks already making record profits. But it is the taxpayers that end up on the hook for the risk.
The Fed is rolling back capital requirements for the biggest banks, and it is not just a marginal rollback.
I believe are dangerous. But when they are taken together, they are downright reckless.