The worst possible thing that can happen to people like me is to have these programs abused by anyone, for any reason, because it then empowers people who don't like the programs in the first place to say, let us shut down the program or let us dramatically reduce the program.
Neugebauer emphasizes the importance of oversight to prevent program abuse.
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The identification of nonbank systemically important firms is a serious exercise that has major implications for the competitiveness of U.S. firms and the stability of our financial markets.
Its actions have demonstrated a lack of transparency and a lack of accountability.
We have to stop that and we have to stop it now because, quite honestly, we are reaching, I think, a tipping point in this country with $16.6 trillion in debt.
one of the reasons that government is not good at pricing risk is because sometimes instead of pricing it actuarially or based on a risk model, it is priced politically.
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