08/01/2017
https://www.congress.gov...
"it seems that this is an industry that on its own will not work with the integrity that the public deserves."
"I want to speak to you about interest rate manipulations by large banks since the Fed plays a role, a key role in ensuring the integrity of interest rates that affect consumers, small businesses, and ..."
"Well, I would look forward to the Fed's leadership in this regard and suggestions of how we, in fact, make a system that cannot be manipulated, that has consequences to millions of consumers, investor..."
"if you got caught in that period of time in which the traders wanted the higher LIBOR and that was a time in which your adjustment was going on, you had a detriment to yourself."