Political Quotes

Jack Reed: “Let me talk to Mr. Cole. As the umbrella regulator of several large financial institutions, do you feel that you are…”

On the recordMarch 17, 2009
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?
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Senator Reed questions the Federal Reserve's responsibility in evaluating financial institutions' risk.

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