Let me talk to Mr. Cole. As the umbrella regulator of several large financial institutions, do you feel that you are responsible, the Federal Reserve is responsible for the overall capacity of that institution as an enterprise to evaluate risk?
Jack Reed: “Let me talk to Mr. Cole. As the umbrella regulator of several large financial institutions, do you feel that you are…”
Editor's note · Context
Senator Reed questions the Federal Reserve's responsibility in evaluating financial institutions' risk.
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