It is to say pull back on this regulation and give a green light for massive and undiversified growth.

Now I think it is long past time that Congress finally acts, and I have bipartisan legislation with Senator Scott to do that.

I have introduced a bill to repeal Title IV of S. 2155, which would undo the Fed's deregulation of the biggest banks.

It is past time for us to remove private bankers from this public role.

Then how could you say there was no evidence that anyone violated the rules? It clearly violated the rules.

This is exactly the kind of deregulatory shift I warned about in 2018, when I opposed Powell's nomination as Fed Chair.

the Fed heard that message loud and clear, and then it used that message to open up and start to deregulate even further.

The allegations of improper trading and ethics violations are disturbing, and they are alarming.

Do you think that creates a conflict of interest?

I am working on bipartisan legislation to claw back money when executives take big bonuses for blowing up their banks.

I've got an idea--a bipartisan idea that I'm introducing with Sen. Rick Scott today: get the big bankers off the Reserve Banks boards of directors.