Political Quotes

Michael S. Barr: a bank's board and the bank's management is in a much better position to ascertain the reputational risk of that bank…

On the recordJuly 14, 2014
a bank's board and the bank's management is in a much better position to ascertain the reputational risk of that bank than an unaccountable, unelected Federal regulator in Washington, D.C.
Said by
Michael S. Barr

Editor's note · Context

Barr argues that banks should assess their own reputational risks instead of federal regulators.

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