04/24/2012
https://www.congress.gov...
"Thank you all."
"The economic crisis introduced a new term in our national vocabulary: 'systemic risk.'"
"I strongly, as I made clear, believe that the council is the right approach."
"I share the overwhelming view of the panel that systemic risk ought to not be placed with the Fed and ought to be empowered with a new independent council that includes the Fed."