Quotes from the news wire:
It definitely brings us closer right now, what’s unclear for us is how much of these banking stresses are leading to a widespread credit crunch. And then that credit crunch, just as you said, would then slow down the economy.
Found on CNN 1 year ago
Congress decides how much they want the executive branch to spend, so it’s a little bit unusual that they would tell them to go spend this money and then not give them the tools, but that, ultimately, is for the elected leaders to reach an agreement.
Found on CNN 1 year ago
I was actually happy to see how Chair Powell's Jackson hole speech was received.
Found on CNN 2 years ago
It’s very hard to design a government program for the whole U.S. economy that is effectively targeted that doesn’t leave lots of people out, the checks are like spraying water against the fire: sometimes you just need water.
Found on Reuters 3 years ago
If we actually throw away some money right now, so what.
Found on Reuters 3 years ago
When I looked at the president's plan it seems consistent with the advice and the feedback that we've heard from health experts, that there is a way to slowly reopen the economy, obviously we want to try to avoid the virus flaring back up again and giving back the gains that we've had, and I think a staged approach, looking over the horizon, makes sense.
Found on Reuters 4 years ago
More capital has downsides that need further exploration, in particular, higher capital could raise the cost of lending and potentially reduce economic activity.
Found on Reuters 8 years ago
The Wall Street critics can't argue with me on the substance of too-big-to-fail, so they criticize the messenger, i welcome their criticisms because they are an implicit admission that I am right.
Found on Reuters 8 years ago
I challenge anybody who thinks, in a stressed time, we would put these banks through resolution, i really don't think it will happen.
Found on Reuters 8 years ago
I don't see this as a partisan issue, i do think there are people on both sides of the aisle who care about this issue and think we should take stronger action.
Found on Reuters 8 years ago
If we can demonstrate to the American people that there is a diversity of views within the Federal Reserve system, and people are outspoken, what better way to demonstrate that we are not political or beholden to the (White House) or any political party, i think this shows more independence among the Federal Reserve.
Found on Reuters 8 years ago
I do think there are people on both sides of the aisle who care about this issue and think we should take stronger action, it wasn't a political statement. It was a statement about economic risks.
Found on Reuters 8 years ago
Now is the right time for Congress to consider going further than Dodd-Frank with bold, transformational solutions to solve this problem once and for all.
Found on Reuters 8 years ago
I am far more skeptical that these tools will be useful.
Found on Reuters 8 years ago
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