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June 19, 2024
Thank you mr. Chairman, thank you ranking member. Mr. Chairman, i join my colleagues in thinking you for the work you have done. We started today with a series of statements from you so i would like to end with one and thank you for it which is, quote, our mission as set forth by congress is a critical one, to preserve price stability, foster maximum sustainability, growth and output and employment and promote a stable and deficient Financial System that serves all americans well and fairly. My ...
June 19, 2024
Very fortunate that i got in position to collaborate with others in trying to realize some of those things. In is a question from twitter that i was also interested in. The question is, how does the fed evaluate costs and benefits of Equity Capital requirements . How do you get to that number compared to where basel was . We did an awful lot of work on capital ratios, both the levels that seemed prescribed or needed in order to reduce e chances of financial instability but also the cost of the e...
May 29, 2024
Numerous rubber cheques expose US arrogance, hypocrisy in international aid.