On the recordFebruary 28, 2011
I think that supervisors will be paying more attention to this in the future and we should pay more attention to it.
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congress.govI think that supervisors will be paying more attention to this in the future and we should pay more attention to it.
Bernanke emphasizes the need for increased supervisory focus on mortgage standards.
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It is also important, of course, for community banks to be well-capitalized so that they can continue to lend during difficult periods.
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.