07/27/2022
https://congress.gov...
"Thank you, and we will count on you on both counts."
"We know the Fed failed in its mission 10 years ago. The Fed had all the power it needed to prevent the crash."
"That is why immediately after the crash, we put in place rules to strengthen taxpayer protections from big bank risk and to protect consumers from predatory practices."
"The Fed's responsibility and Vice Chairman Quarles' job is, as we know, to ensure that the economy works for average Americans--that if you work hard, you can get ahead; that Wall Street does not agai..."