On the recordJuly 15, 2009
The difference is you will actually have an agency whose primary focus is to ensure that the American taxpayer, the consumers, their interests are protected.
Source
congress.govThe difference is you will actually have an agency whose primary focus is to ensure that the American taxpayer, the consumers, their interests are protected.
Taylor argues that the new agency will prioritize consumer protection over banking interests.
Share
More from John B. Taylor
You want to move this economy faster? How about we stop underinvesting in our Nation's public infrastructure?
The Financial Institution Bankruptcy Act would work better, in my view, as a resolution device than Title II of Dodd-Frank.
The whole idea of bailouts is that people get advantage and that it creates huge risk-taking and huge moral hazard.