Political Quotes

Michael S. Barr: I think we need to take a good, hard look inside at the Federal Reserve, at our supervision, at our regulation.

On the recordMarch 28, 2023
I think we need to take a good, hard look inside at the Federal Reserve, at our supervision, at our regulation.
Said by
Michael S. Barr

Editor's note · Context

Michael Barr emphasizes the need for introspection within the Federal Reserve regarding its oversight and regulation.

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The Federal Reserve's rules, issued in the wake of the legislation that was issued in 2019, did have the effect of lowering supervisory and regulatory standards for firms.

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