On the recordMay 4, 2009
Then they would have to avail themselves of the Treasury's backstop.
Source
congress.govEditor's note · Context
Bernanke explains the requirement for banks needing additional capital.
Share
More from Ben Bernanke
Jul 17, 2013
We are working hard with our colleagues to put the Volcker rule into place, and that will restrict proprietary trading.
Jul 16, 2013
GSE-type organizations are not essential to successful mortgage financing. Indeed, many other industrial countries without GSEs have achieved homeownership rates comparable to that of the United States. One device that has been widely used…
Dec 2, 2015
The economy needed help from Congress--if not from additional spending (on roads and bridges for example), then at least in areas such as retraining unemployed workers.
Other voices in this conversation
