A Quote by Roger Altman

The Fed is the major U.S. firefighter. It's not the Treasury. It's not the Congress. We certainly saw that vividly in 2008. — © Roger Altman
The Fed is the major U.S. firefighter. It's not the Treasury. It's not the Congress. We certainly saw that vividly in 2008.
In 2006, the Congress had approved plans to allow the Fed, beginning in 2011, to pay interest on banks' reserve balances. In the fall of 2008, the Congress moved up the effective date of this authority to October 2008.
When the former Fed chairman was in, Alan Greenspan was in, there was a saying back in those days that you called the 'Greenspan put.' Any time the treasury secretary - for the Fed chairman - said something, the market saw that as good news, and it took off.
I saw that with Hillary Clinton and Sarah Palin in 2008. I mean, I came away from the 2008 campaign feeling really icky.
QE and other aspects of Fed policy increased inequality pretty significantly. This is reinforced if you take into account all the other non-standard measures the Fed used to bail out the banks early on in the [2008] crisis.
I think what people are looking for right now is not the kind of pizzazz and pop that perhaps we thought we got in 2008. Certainly, President Obama offered that. What they want now is someone who can work closely with Congress and get things done.
What we're trying to do is address something I saw in Congress that was a major problem, which is to say that energy is arguably the most fundamental issue confronting our country.
Bankers themselves govern the Fed to some extent, and then there's the classic revolving door where Fed officials come from and then go back to the financial sector. Fed officials tend to believe that the institution should have a large measure of independence from democratic control, even though in law it is under the ostensible control of Congress.
Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market either by cutting rates, launching QE, or threatening to launch another round of QE.
A foundation representing firefighters who die in the line of duty is calling for Congress to strip the Centers for Disease Control of its role investigating firefighter deaths.
Hurray! Congress is to adjourn! Only four more days of Congressional burglary on the Treasury!
Any deal that's not approved by Congress won't be accepted by Congress. Not now and certainly not in the future.
I was secretary of the Treasury in 2008. In that role, I had the privilege to work with many talented men and women in government and the private sector who labored to pull our nation back from the brink of disaster.
It's important to have a fallback and other activities that keep you interested. I started acting when I was about nine or 10 years old. My father was a midtown firefighter so I always wanted to be a firefighter, but then acting came along. I have to have a plan B.
I love acting - I love doing it. It's a lot of fun, but for the longest time, I wanted to become a firefighter. I still do want to become a firefighter.
You need to fight cases in the courts, but you certainly cannot rely on the courts, you need to testify in Congress and lobby your Congress person, but you certainly cannot rely on Congress. You need to speak out in the media, but you cannot totally trust the media either. You need to work within the academy because that's an influential opinion body. I think that one of the lessons that people have learned in the civil rights community is that it is generally not enough to focus on litigation in the courts.
You had a package. It was torn, so I looked in.” She lifted one of a stack of firefighter calendars, with his own mug and half-naked body on the cover. “Nice,” she said, a ghost of a smile crossing her lips. “Mr. 2008.” He bit back a sigh. “It’s for charity.” “And you definitely contributed.
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