On the recordSeptember 29, 2010
I think it is moving in a very productive direction. It has strengthened capital, raised capital requirements, improved the quality of capital which is very important.
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congress.govI think it is moving in a very productive direction. It has strengthened capital, raised capital requirements, improved the quality of capital which is very important.
Bernanke assesses Basel III positively for strengthening banking stability.
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Making derivatives safer is very important, part of solving Too Big to Fail and preventing another financial crisis.
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.