Political Quotes

Michael S. Barr: “What we found is that supervisors were essentially too timid and too slow to raise those standards in a timely enough…”

On the recordMay 15, 2023
What we found is that supervisors were essentially too timid and too slow to raise those standards in a timely enough way.
Said by
Michael S. Barr

Editor's note · Context

Barr discusses the Federal Reserve's slow response to supervisory concerns at SVB.

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