Political Quotes

Ben Bernanke: “[T]he United States also needs improved tools to allow the orderly resolution of a systemically important nonbank…”

On the recordMarch 23, 2009
[T]he United States also needs improved tools to allow the orderly resolution of a systemically important nonbank financial firm, including a mechanism to cover the costs of the resolution.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke calls for better tools to manage nonbank financial firm failures.

Share

More from Ben Bernanke

Jul 16, 2018

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

congress.gov
Jul 9, 2026

The potential of Artificial Intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build it around.

dailycaller.com
Feb 13, 2018

Making derivatives safer is very important, part of solving Too Big to Fail and preventing another financial crisis.

congress.gov
Jan 9, 2024

Financial risk tends to migrate around regulatory obstacles like a river flows around rocks.

congress.gov

Other voices in this conversation