On the recordAugust 31, 2020
Lower paid workers, as well as women and minorities, are over-represented in the most affected sectors, and, thus, have borne a disproportionate share of the job and income losses.
Source
congress.govEditor's note · Context
Ben Bernanke highlights the disproportionate impact of economic losses on vulnerable groups.
Share
More from Ben Bernanke
Jul 17, 2013
We have just finalized new capital requirements that banks have to hold against these assets for sale, these securities, which should provide protection.
Jul 17, 2013
Let me just say that we are quite aware of these portfolios, and we are addressing them in at least two ways.
Jul 16, 2013
Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and more action to make sure that we are on a sustainable path in the long run.
Jul 16, 2013
It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during difficult periods.
Other voices in this conversation
