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Ben Bernanke said...

Does this need to get done so that institutions know what the appropriate boundaries are?

Context

Bernanke stresses the urgency of finalizing the Volcker Rule for clarity in banking regulations.

02/25/2013

https://www.congress.gov...

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We want to deploy it in ways that have the greatest benefit for the least cost.
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Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.
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I know you are trying, and I hope that you can find the agreement to see these important objectives.
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If it doesn't achieve the objective of eliminating too-big-to-fail, I think we ought to come back and decide or ask Cong...
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Ben  Bernanke
out of office

usa, South Carolina

435 Quotes

PartyRepublican

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