I believe that the Financial Stability Oversight Council (FSOC) should designate any nonbank financial company if the FSOC determines that material financial distress at the nonbank financial company... could pose a threat to the financial stability of the United States.
Bernanke emphasizes the criteria for designating nonbank financial companies as systemically significant.
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Nothing is more important for restoring economic growth than improving public health.
Making derivatives safer is very important, part of solving Too Big to Fail and preventing another financial crisis.
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