Narayana Kocherlakota spoke about the recent economic crisis, bank bailouts and financial regulation. In his remarks he called for taxation on financial institutions in order to create a pool of funding for future bailouts.
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- Naravana Kocherlakota President Federal Reserve Bank of Minneapolis
Glass-Steagall and 2010 Economy
Arthur Wilmarth Jr. talked about the Glass-Steagall Act of 1933, its repeal in 1999, and the impact these pieces…
Weekly Republican Address
In the Republican weekly address, Senator Richard Shelby talked about why the financial regulations bill in Congress…
Senator Jeff Merkley talked about the status of the financial reform bill. He is a sponsor of the Levin/Merkley…
Newsmakers with Senator Dick Durbin
Majority Whip Dick Durbin talked about Senate Democratic efforts to pass financial reform legislation and the…