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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’
    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

    Name: Maria Bartiromo

    Employment: FOX Business Network

    Position: Global Markets Editor

    , Kevin Warsh

    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) Use clipper to adjust file type
    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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