Randy Neugebauer: “As I am sure you are aware, we are currently facing a $1.6 trillion deficit this year and a national debt over $14…”

We need to say, no, nobody believes it is going to happen.

We simply can't afford to have these agencies miss opportunities to implement low-cost mitigation measures.

I think we have really been talking about the people that we need to be talking about: the consumers of financial products. Those are actually the people who are most affected by this.

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.