Political Quotes

Ben Bernanke: “The Dodd-Frank Act created the FSOC to identify and mitigate threats to the financial stability of the United States.”

On the recordMay 11, 2011
The Dodd-Frank Act created the FSOC to identify and mitigate threats to the financial stability of the United States.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke explains the purpose of the Dodd-Frank Act and the FSOC.

Share

More from Ben Bernanke

Jul 9, 2026

Anthropic has created a unique governance structure to try to ensure that the long-run benefits of AI for humanity far outweigh the risks.

dailycaller.com
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
Jul 16, 2020

We can't defund the police. We need police, but there are concerns about police community relations and police behavior.

congress.gov
Jul 16, 2018

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

congress.gov

Other voices in this conversation