Jerome Powell Quotes

It is worth noting that 'too big to fail' is not simply about size. A big institution is 'too big' when there is an expectation that government will do whatever it takes to rescue that institution from failure, thus bestowing an effective risk premium subsidy. Reforms to end 'too big to fail' must address the causes of this expectation.

Jerome Powell

Recitation: by Male by Female

Author Biography

  • Author Profession: public
  • Nationality: american
  • Birth: February 4, 1953

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