On the recordMay 19, 2014
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.
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congress.govThe 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.
Neugebauer highlights the significance of identifying nonbank firms in maintaining market stability.
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I would love to see some general pilot programs to try to specify and see exactly how all these new ideas work before we mess around with something that has worked so well for so long.
This letter constitutes the clearest expression of legislative history in this area.
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