Lucas opened the session with introductory remarks.
04/01/2009
https://congress.gov...
I hope the Commission will give serious consideration to this approach.
I think that is shortsighted, and I think that is shortsighted at the World Bank and at the other international lending ...
I am concerned about the effect this is going to have on deposits at regional banks and credit unions and smaller banks.
I have heard concerns that the Fed's Basel III revisions could increase costs for derivatives end users.