Political Quotes

Ben Bernanke: “Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking…”

On the recordMarch 10, 2014
Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

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

Share

More from Ben Bernanke

Aug 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.

congress.gov
Jul 16, 2018

In 2020 Wile E. Coyote is going to go off the cliff.

congress.gov
Jul 16, 2020

Opening schools is more important.

congress.gov
May 7, 2025

Undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation

vox.com

Other voices in this conversation