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Goodbye To All That: The End Of LIBOR: Federal Reserve Vice Chair For Supervision Randal K. Quarles, At The Structured Finance Association Conference, Las Vegas, Nevada

<p><span>Now that business travel has started to pick back up as we emerge from the COVID event, a prosaic but insistent problem has reappeared: what to read on a long plane flight. Like most of you, I try to get some work done—but, also like most of you, out of an amalgam of security concerns and indolence, I often don t succeed. Something must improve the hours, but Kant is a little heavy, P.G. Wodehouse a little light, and T.S. Eliot looks like you re just showing off. So, over the last few weeks, I ve been re-reading Joan Didion while making my way from point A to point B: </span><span>Slouching Toward Bethlehem</span><span>, </span><span>The White Album</span><span>, and </span><span>Where I Was From</span><span>. As it turns out, Joan Didion is a particularly apt author to be reading on the way to this conference—not because the conference is being he ....

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The End Of LIBOR: Transitioning To An Alternative Interest Rate Calculation For Mortgages, Student Loans, Business Borrowing, And Other Financial Products, Mark Van Der Weide, General Counsel, Before The Subcommittee On Investor Protection, Entrepreneurship, And Capital Markets, Committee On Financial Services, U.S. House Of Representatives, Washington, D.C.

The End Of LIBOR: Transitioning To An Alternative Interest Rate Calculation For Mortgages, Student Loans, Business Borrowing, And Other Financial Products, Mark Van Der Weide, General Counsel, Before The Subcommittee On Investor Protection, Entrepreneurship, And Capital Markets, Committee On Financial Services, U.S. House Of Representatives, Washington, D.C.
The End Of LIBOR: Transitioning To An Alternative Interest Rate Calculation For Mortgages, Student Loans, Business Borrowing, And Other Financial Products, Mark Van Der Weide, General Counsel, Before The Subcommittee On Investor Protection, Entrepreneurship, And Capital Markets, Committee On Financial Services, U.S. House Of Representatives, Washington, D.C.
Date
14/04/2021
Chairman Sherman, Ranking Member Huizenga, and members of the subcommittee, thank you for the opportunity to appear today. My testimony will discuss the importance of ensuring a smooth, transparent, and fair transition away from LIBOR ( ....

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