On the recordMarch 20, 2003
Our concern is not that disclosing yield spread premiums is a bad thing. We think it is a good thing.
Said by
Paul S. Sarbanes
Our concern is not that disclosing yield spread premiums is a bad thing. We think it is a good thing.
Emphasizing the importance of transparency in yield spread premiums.
Share
More from Paul S. Sarbanes
There has been an incredible deterioration in recent years in the U.S. trade deficit.
I am pleased to welcome Chairman Greenspan back before our Committee to testify on the Federal Reserve's Semi-Annual Monetary Policy Report to Congress.
I think the best way to do it is to have a flexible exchange rate, and that will let the market work even more.