Dec 15, 2018

Janet Yellen ready to blame the next financial crisis on deregulation

I am worried that we are in a deregulatory mode and I see a lot of pressures building in the system to go further to really weaken fundamental safeguards that were created in Dodd-Frank. We are a decade after the financial crisis so that would be worrisome and wrong to do.

~ Janet Yellen, speech at Women in Housing and Finance holiday event, "Janet Yellen is worried about the next financial crisis," MarketWatch.com, December 13, 2018

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