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
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
I remind you, there are very effective tools that you have available to you that you can use if those plans are not credible, including forcing these financial institutions to simplify their structure or forcing them to liquidate some of…
I am not quite sure whether you are saying the plans are not credible and you are continuing to talk with them and asking them to change their plans.
If you are buying a stock and turning it around and selling it within a minute, within a second later to someone else, how does that provide liquidity to the markets?
So you are saying it is just a mixed fund at this point, and it was never a high-frequency trading fund primarily or exclusively?
Lack of trust in the stock market means less capital for growing companies, slower growth in the economy, slower job growth.





