
Alexandria Ocasio-Cortez @AOC
Yesterday at FSC, I asked CEOs about something known as countercyclical capital buffers. Think of it as a “rainy day” rule, so banks must stock up 💰 to prepare for a downturn, so they aren’t caught empty-handed as they were in 2008. — PolitiTweet.org
Victoria Guida @vtg2
.@AOC told me after the hearing: “It’s an almost universally acknowledged economic practice that at times where the… https://t.co/TewvPLegiS