Michael S. Barr: “They failed in basic measures of interest rate risk and liquidity risk.”

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

Yes, I do think that bank mismanagement was at the core of this.

The answer is that the Biden Administration allowed this to happen by pursuing a policy of weakness and appeasement that allowed Iran to finance this invasion.

I believe that it should be the sense of Congress that the policy of the United States is to prevent from Iran from obtaining a nuclear weapon by all means necessary.