Banking Policy Quotes

I am an Enemy of all banks discounting bills or notes for anything but coin.

To enable large U.S. banks to support their clients better, the Volcker rule should be clarified.

I'm very disappointed in Obama. I was very much in support of him in the beginning, but I cannot support war. I cannot support droning. I cannot support capitulating to the banks.

Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound.

The FHA literally drew up the redlining map and then basically distributed - I'm sorry, the Home Owners' Loan Corporation actually did it, and then distributed to banks who used that as policy to determine how they would lend and who they would lend to. The racism in the system was pervasive and total.

I'd like to sit down with Hillary Clinton onstage and ask her about Glass Steagall and all the big banks and her own campaign contributions.

One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.

Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets. We want their trousers tied round their middle: steady lending growth; particularly to productive British business, especially small scale enterprise.

At State Bank, all decisions are collective decisions. I have created the comfort zone.

Dodd-Frank has disproportionately burdened community banks, despite their having no role in the financial crisis.

Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.

Common man is always benefited by a rate cut.

Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic are ludicrous and will prove to be extremely costly to the system.

If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.

They explained to me that the bank cannot lend money to poor people because these people are not creditworthy.

Certainly, some of the anti-bank rhetoric has shifted a little bit, but on either side of the aisle, there seems to be different tacts. On one side of the aisle, you see a proposed scaling back of Dodd-Frank. On the other, a proposed reinstatement of Glass-Steagall.

In 2005, attorneys general of 35 states urged the Federal Reserve to end the unsigned check system.

I suggested a compromise to give the banks a year's time and see if they succeed in showing us that nationalization wasn't necessary. The year went by and we realized it hadn't done any good, that the money still ended up in the hands of the rich industrialists or friends of the bankers. So I concluded that it was necessary to nationalize the banks. And we did. Without considering it a socialist gesture or an antisocialist gesture, just a necessary one. Anyone who nationalizes only so as to be considered on the left to me is a fool.

Dodd-Frank was passed. ... This is the biggest kiss that's been given to New York banks I've ever seen. This is an enormous boon for them. There've been 122 community and small banks have closed since Dodd- Frank. ... I would repeal and replace it.