Quarles on Capital Plan, SVB Criticism, Interest Rates & Fed Power Dynamics
Banking with Interest
English - November 14, 2023 10:00 - 56 minutes - 56.2 MBBusiness News News Politics banker finreg bankpodcast fintech fintechpodcast legislation policy Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Inside the Conviction of SBF – And What It Means for Crypto, Banks
Next Episode: How FHLB Reform Can Help Banks, Housing
Randal Quarles, the former Fed vice chair, details how the new Basel III capital proposal could hurt the economy, casts doubt on the legality of the Fed’s stress tests, and pushes back on criticism that his actions helped cause the failure of three regional banks earlier this spring. He also talks about his biggest concerns in the financial system right now, where interest rates are likely to go from here and his fears about the current power dynamics at the Fed.