But, more fundamentally, is there a revolving door policy that bans people who have worked as regulators from then going back to work on Wall Street?
I think it is something that may help explain some of the cultural issues that seem to be coming up time and time again.
People really respond to incentives, and so one of the problems of Government service in an agency like the Federal Rese...
I think it takes Congress to do something like that.
It seems to me on that third point that the best--the very good examiners are going to need that.
I would rather see a class of professional regulators very well trained and very well incentivized to do that which is r...
If we need the expertise that comes from having been in these sophisticated transactions in order to understand and regu...
Are you willing to aggressively pursue a model which would be fundamentally fair to homeowners?
I am not satisfied yet that homeowners have gotten a fair shake when we have been through this time and time again.
Thank you for your service as Chairman of this Banking Committee. It has been a pleasure to serve on it.
I am not quite persuaded of that, but thank you for pursuing it, because a lot of people would be more fairly treated wi...