Janet Yellen actually said...

I believe guidance came out in 2006, I believe it was, to the supervisors and to banks stating essentially that banks with high exposures needed to carefully manage risks around these exposures.

07/15/2010

https://www.congress.gov...

More Janet Yellen Quotes

"Corporate anonymity enables money laundering, drug trafficking, terrorism, and corruption."
"The Biden Administration has driven an historic economic recovery over the past three years."
"The President has been very clear that no family earning less than $400,000 will face a tax hike."
"The President has proposed in his most recent budget expanding the Child Tax Credit."

View All Janet Yellen Quotes