Jack Reed actually said...

I would suggest you look into the authority question, and I would suggest that both the OCC and the Federal Reserve adopt that approach.

Reed recommends examining authority for direct consultant hiring by financial regulators.

04/10/2013

More Jack Reed Quotes

There is another dimension to terror attacks that really was not so obvious in 9/11, and that is cyber security.

I think having that Federal backstop reassures the insurance industry that, for catastrophic risk, none of them will go under.

We have to extend the reinsurance program going forward.

I want to commend Senator Corker and Senator Warner for moving so thoughtfully on this issue.