If the banks cannot meet those standards in the private market, which is our strong preference, then they have to take government capital.
We are very focused--like a laser beam, if I may--on this issue of the exit and making sure that we have price stability in the medium term.
Then they would have to avail themselves of the Treasury's backstop.
If you want to increase spending, then you have to be willing to accept the tax increases and the consequences that that may have for growth...
'Too big to fail,' has been sometimes called a policy or a doctrine. It is not a policy; it is a problem.
Fiscal monetary stimulus may provide broader support for the economy than monetary policy alone.
only with the New Deal's rehabilitation of the financial system in 1933-35 did the economy begin its slow emergence from the Great Depressio...
There are institutions too big to fail.
Given how important robust payment and settlement systems are to financial stability, a good case can be made for granting the Federal Reser...
[T]he United States also needs improved tools to allow the orderly resolution of a systemically important nonbank financial firm, including ...
I do think that we will get it stabilized and we'll see the recession coming to an end probably this year. We'll see recovery beginning next...