Ben Bernanke actually said...

Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.

Congress aimed to maintain state-based capital systems for insurance, not impose bank regulations.

03/10/2014

More Ben Bernanke Quotes

the financial system must be regulated, to quote him, "as a whole, in a holistic way,"

Any new systemic risk authority should rely on the information assessments and supervisor and regulatory programs of existing financial supe...

If actions taken by the administration, the Congress and federal government are successful in restoring some measure of financial stability,...

If actions taken by the administration, the Congress and federal government are successful in restoring some measure of financial stability,...