Chuck Schumer actually said...

The challenge, quite candidly, is in contingency operations and contingency events, there really needs to be one person in charge making decisions.

Emphasizes the need for a single decision-maker during crisis operations.

02/22/2021

More Chuck Schumer Quotes

I agree, it is a unique opportunity.

However, new factors, including technology, globalization, and industry consolidation and evolution have left our regulatory infrastructure ...

I am not so worried--I mean, although the details, look how long it took to get some agreement on Basel and the capital accords.

I think there is a willingness and an understanding that we have to move.