It is to say pull back on this regulation and give a green light for massive and undiversified growth.
Then how could you say there was no evidence that anyone violated the rules? It clearly violated the rules.
You know, particularly when you are telling me about Clarita, for example, corrected this later, yeah, he corrected it a...
This is not strong oversight. In fact, it is not even competent oversight.
I absolutely agree that the allegations of improper trading and ethics violations are disturbing, and they are alarming.
The Federal Reserve must not seem and must not be supervised by itself.
you do not get to write a law that shoves the Fed in a strictly deregulatory direction and then turn around and say, 'Ge...
Right. OK. So this chummy little group is making a lot of policy here, and nobody else gets to see it.
Do you think that creates a conflict of interest?
In our democratic system, bank supervisors, toiling in secrecy though they may be, must still answer to the people.
I think that the proposal from you and Senator Scott, which I have reviewed, does not go as far as I would like.