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Date
Summary
Kevin Warsh: Bank Regulations Has Been Very Bad for the Last Four or Five Years, ‘It Slowed Us Down’
Subjects
Source
Fox Business Network

Name: Fox Business Network
URL: http://www.foxbusiness.com/index.html
Show
Maria Bartiromo’s Wall Street
Name: Maria Bartiromo’s Wall Street
Persons
Maria Bartiromo
, Kevin Warsh

Name: Maria Bartiromo
Employment: FOX Business Network
Position: Global Markets Editor

Name: Kevin Warsh
Employment: Stanford University’s Hoover Institution
Position: Distinguished Visiting Fellow
Event
Event location
–
Link
–
Original recording
Uploaded
03/15/2025 05:31 pm
Owner
Elizabeth (staff)
Type
Video
Format
MP4 (720x406)
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Duration
0:02:05
Views
3
Purchases
1
Transcript
RUSH TRANSCRIPT BARTIROMO What ░░░░░░░░ refreshing take on that ░░░░░░░░ thank you very much ░░░░░░░░ that There s been ░░░░░░░░ an overreaction out there ░░░░░░░░ then there s deregulation ░░░░░░░░ is also a key ░░░░░░░░ out of this administration ░░░░░░░░ Trump told me first ░░░░░░░░ week on fox business ░░░░░░░░ he has asked mickey ░░░░░░░░ to be the vice ░░░░░░░░ for supervision at the ░░░░░░░░ Reserve In this position ░░░░░░░░ will oversee the banks ░░░░░░░░ is a complete change ░░░░░░░░ Michael Barr s oversight ░░░░░░░░ the banking sector Tell ░░░░░░░░ what you belief this ░░░░░░░░ believe this will mean ░░░░░░░░ So I think it ░░░░░░░░ great news Mickey is ░░░░░░░░ great choice She s ░░░░░░░░ courage she s got ░░░░░░░░ It s not easy ░░░░░░░░ show up at the ░░░░░░░░ Reserve 23 000 employees ░░░░░░░░ set of ideas that ░░░░░░░░ quite anachronistic to what ░░░░░░░░ and I believe drives ░░░░░░░░ economy and she s ░░░░░░░░ tough When the rest ░░░░░░░░ the board of governors ░░░░░░░░ reserve banks sort of ░░░░░░░░ in the fall and ░░░░░░░░ interest rates by 50 ░░░░░░░░ points she said no ░░░░░░░░ s a very steady ░░░░░░░░ And frankly as you ░░░░░░░░ we need new leadership ░░░░░░░░ bank regulation She s ░░░░░░░░ at the Fed already ░░░░░░░░ she can hit the ░░░░░░░░ running And bank regulation ░░░░░░░░ been very bad for ░░░░░░░░ last four or five ░░░░░░░░ It s provided a ░░░░░░░░ amount of sand in ░░░░░░░░ gears of this economy ░░░░░░░░ s slowed us down ░░░░░░░░ with mickey s leadership ░░░░░░░░ new leaders at the ░░░░░░░░ and the occ I ░░░░░░░░ we can have a ░░░░░░░░ change And the deregulatory ░░░░░░░░ that we ve already ░░░░░░░░ in energy I think ░░░░░░░░ re going start to ░░░░░░░░ in the coming weeks ░░░░░░░░ months on the banking ░░░░░░░░ with mickey s become ░░░░░░░░ will be announced publicly ░░░░░░░░ soon the regulator community ░░░░░░░░ say that we re ░░░░░░░░ for business The regulators ░░░░░░░░ say we re open ░░░░░░░░ businessing for consolidation among ░░░░░░░░ and medium sized banks ░░░░░░░░ no to longer are ░░░░░░░░ going to allocate credit ░░░░░░░░ on political preferences It ░░░░░░░░ a sea change and ░░░░░░░░ s very important to ░░░░░░░░ this economy back on ░░░░░░░░ right track.”
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