In order to be more transparent, in order to have greater accountability for these banks, why not run the stress tests again under more difficult circumstances?
If one offered a very gentle stress test and the consequence were that the stock market responded positively to the good...
I think that this is an area where a per account fee makes a lot of sense.
I think that is extremely destructive.
The point, Congressman, as I see it, is that it is all about disclosing them.
I strongly support the concept of an independent agency that concentrates solely on consumer financial services issues.
It is essential that this new agency have real power, that they have flexible rulemaking authority, that it be adequatel...
Well, my view is, if you cannot explain it, then you probably should not sell it to customers. I think that is destructi...
the consumer credit market is broken.
I think it is time for change. We need someone in Washington who cares primarily about families, who cares about consume...
What I have suggested is an agency that offers plain vanilla products that provide a safe harbor on regulation.