It is critical that agencies such as the FDIC and the Comptroller of the Currency use their discretion to come up with appropriate standards of creditworthiness and not rely on the monopoly of rating agencies.
Maria Cantwell: “It is critical that agencies such as the FDIC and the Comptroller of the Currency use their discretion to come up with…”
Editor's note · Context
Cantwell discusses the need for federal agencies to establish their own creditworthiness standards.
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