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.
I strongly, as I made clear, believe that the council is the right approach.
The economic crisis introduced a new term in our national vocabulary: 'systemic risk.'
We do not have a bill ready at all. There has been a lot of talk at this point.
Thank you all.
What all of us want is to figure out what works best, what makes sense for us here.
Systemic risk is going to be an important factor in all of this.
It was not perfect and I share concerns about some of the dollars getting out.
I hope you will think, as you thought creatively in creation of this program in terms of the carrots, that you think equ...
I just am concerned with these kinds of stories that we are all hearing, and Lord knows you are hearing them directly, a...
I hope this Committee will have a chance to examine some of our past policies where we encouraged folks to get into home...