05/05/2014
https://www.congress.gov...
"But if we are talking about $8 billion and how we spend it better, if there was a way through AI with privacy protection for the banks to actually share information, would not that be helpful too?"
"I would also love for us to see if we could get some analysis because, again, I am not sure that simply raising the threshold makes that much--but I would be curious to know how many of these entities..."
"I have seen estimates that we are talking about the cost to the financial system of about $8 billion."
"I think a lot of us desperately want to get to a better solution."