Risk USA: Scrap systemic risk regulator plan, says former Fed Loan Bank chief

The Obama administration's plans to establish a Systemic Risk Regulator (SRR) will fail and should be scrapped in favour of a systemic risk adviser, a senior former federal official has claimed.

Speaking at the Risk USA conference in New York, Alex Pollack, a fellow at the American Enterprise Institute, a right-wing think tank, and the former president of the Federal Home Loan Bank of Chicago, pointed to the failures of the Federal Deposit Insurance Corporation (FDIC), "a relatively simple

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here