Centralbankdirektør: "Financial Regulation Could Backfire"

Direktør Jeffrey Lacker, Richmond Federal Reserve Bank, holdt mandag en tale, hvor han advarerede mod øget regulering af finanssektoren. Lacker mener, at regeringen skal trække sikkerhedsnettet ind og gøre det klart, hvilke institutioner, der ikke vil blive hjulpet:

“If no corrective action is taken to close that gap, the next economic expansion will likely see more excessive risk-taking and end with more firms in financial distress."

....

“The wider we cast the net, the greater the incentives of market participants to evade regulatory constraints while still availing themselves of protection in situations of distress, leading to a continuing cycle of crisis and bail out.”

....

"I would favor revisions that specify more clearly the circumstances in which the Fed can extend such credit and forms that such credit can take."