But if Congress had done more on the fiscal side to deal with the damage the economy suffered, the Fed would not have to do this.
At the very least, it would raise the cost of things, wouldn't it?
I would urge my colleagues not to be dogmatic on this issue but look at the practical reality of the situation.
You can be a purist and say this is something the Federal Government should not be involved in.
The TRIA program is one of the, if not the, best post-9/11 pieces of legislation. It is the Government working with the ...
I believe it is very important we reauthorize the program and extend it as soon as we can for as long as possible.
None of these institutions will bring down the country if, God forbid, they were to fail.
But, oftentimes, it is also applied to banks that might have $30, $40, $50 billion in assets but are plain vanilla banks...
Good data help us spot, surface, and solve existing problems.
I recommend a vote against this amendment.
are we searching for a Federal solution to what is really a very isolated local problem?