Say thanks by supporting us!

Our website is made possible by displaying online advertisement to our visitors. Please consider supporting to us by disabling your ad blocker.

Processing...

We must limit the perception that some institutions are either too big or too interconnected to fail.

logo
Author:
Related Quote
Show all

It is important that China stop its over-reliance on municipal debt to finance infrastructure. I take comfort in the fact that China's leaders understand this.

As a steward of the U.S.economy and financial systems, the Treasury has helped lay the groundwork for the American economy to become a model of strength, flexibility, dynamism, resiliency. This is a system that generates growth, creates jobs and wealth, rewards initiative, and fosters innovation.

Foreclosures are a significant problem; they're an economic problem.

The income disparity is a huge issue. And I think that the only solution to this - there is no easy solution - are fundamental changes. That the world is changing quicker than our policies are changing. And we need the kinds of policies that will let us have a competitive economy going forward.

The Treasury Department has a critical role to play in helping to set the direction of a U.S. and global economy, a role that reaches back to America's founding.

We need a new tax system. We need entitlement reform. We need immigration reform. These are not easy things. But it is going to take our political system working better.

I hate good press, and I abhor bad press.

A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.

I can't help but think what would have happened if a divisive character such as Trump were president during the 2008 financial crisis, at a time when leadership, compromise, and careful analysis were critical.

Showcase
Show all

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.

We must limit the perception that some institutions are either too big or too interconnected to fail.