07/22/2024
https://congress.gov...
"What has all this spending in QE2 and 3 and Twist and all the others really accomplished?"
"So if we had simply doubled our level of stimulus spending, we wouldn't be where we are at?"
"The logic of saying, if we are not going to come up and replace this Volcker Rule with another rule, somehow we condone bad behavior by somebody else is ridiculous on its face."
"I can't help but note that we are the only advanced economy that has adopted this prohibition on proprietary trading."