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Cook: A Policymaker’s View of Financial Stability

From federalreserve.gov

Thank you, Reena. It is an honor to be back at Georgetown and at the Psaros Center. I have spent a significant amount of time on and around this campus, including when I served as a congressional intern early in my career. Perhaps in fate's way of foreshadowing, one of the topics I researched that summer was the Glass-Steagall Act. Turns out that it was handy to learn about at a young age. Financial stability is a focal point of my attention at the Board of Governors, since I serve as chair of the Board's Committee on Financial Stability. Allow me to start by saying that the financial system remains resilient, ... (full story)

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