01/18/2021
https://www.congress.gov...
"I share, Chairman Schapiro, your concern that if you have got to have an intervention and whether that intervention is de minimis or larger, if it is breaking the buck, it has the potential of startin..."
"We must have a regulatory regime that determines what risks can be undertaken by which financial institutions."
"Risk is an everyday feature of our financial system."
"This episode demonstrates an extraordinary failure of risk management."