Political Quotes

Ben Bernanke: “Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict…”

On the recordJuly 16, 2013
Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict between private shareholders and public policy and likely diminish the systemic risk, as well. Other benefits are that private entities presumably would be more innovative and efficient than a government agency, in that they could operate with less interference from political interests.
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Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke supports privatization of GSEs to reduce systemic risk and improve efficiency.

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