02/09/2009
https://www.congress.gov...
"I really worry about this. It seems like a very conservative move."
"the notion that foreign-based debt is going to have a higher capital standard than American-based equivalent debt is not the right way to proceed."
"I give the Fed a lot of credit, and others, for stepping up when we as policymakers have not stepped up."
"So, I guess, in your opinion, if we were trying to improve post-trade transparency in the Treasury market, can we do that without impairing liquidity?"