Political Quotes

Jack Reed: “Much of the responsibility for setting standards would remain with the Federal Reserve, which raises serious concerns…”

On the recordJuly 22, 2009
Much of the responsibility for setting standards would remain with the Federal Reserve, which raises serious concerns given its failure in recent years to identify serious risks to our financial system.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Critiquing the Federal Reserve's past performance in risk identification.

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