06/21/2023
https://congress.gov...
"If the Volcker Rule did not apply to nonfinancial parents of industrial loan companies, do you believe that it would pose a systemic risk to the financial system?"
"Do you agree with Mr. Dudley's assessment?"
"Do you believe it would make sense for one regulator to take the lead to interpret that guidance?"
"I said to myself, 'I didn't know there wasn't an asset that wasn't frozen already.'"