News for hackers. Stuff that matters.

A comment on Yellen Summons Regulators to Discuss Financial Market Volatility. Parent comment

Re:Yellen Summons Regulators to Discuss Financial Market Vol... by temp8964 on Wednesday February 03, 2021 @11:29AM (#26015283)
It is just ridiculous to call her "a financial professional". She was a top regulation official. Now she is a top regulation official again. How can you just call her "a financial professional". I don't understand your "don't understand". Did you just hear her name the first time or something?
[ Parent | on HN ]
Re:Yellen Summons Regulators to Discuss Financial Market Vol... by runako on Wednesday February 03, 2021 @11:35AM (#26015363)
I wasn't aware of her career in regulation outside of finance. I think it's fair to say that her regulatory career has been focused on the economy, and that's what most people know her for.
[ Parent | on HN ]
Re:Yellen Summons Regulators to Discuss Financial Market Vol... by sonthonax on Wednesday February 03, 2021 @11:59AM (#26015740)
Central banks are regulatory entities. Who do you think sets the regulatory capital requirements?
[ Parent | on HN ]
Re:Yellen Summons Regulators to Discuss Financial Market Vol... by temp8964 on Wednesday February 03, 2021 @11:40AM (#26015439)
So you are saying there is a clean cut between the Secretary of the Treasury and the Federal Reserve Chair from the finance sector? And somehow she is also a "financial professional" at the same time, which is just fine?
[ Parent | on HN ]
Re:Yellen Summons Regulators to Discuss Financial Market Vol... by jf22 on Wednesday February 03, 2021 @11:34AM (#26015357)
Would "financial regulation professional" be better?
[ Parent | on HN ]
Re:Yellen Summons Regulators to Discuss Financial Market Vol... by temp8964 on Thursday February 04, 2021 @12:10PM (#26027359)
Not really. It sounds like someone does research on financial regulation or a technical bureaucrat who works in related agencies, not a national top government official.
[ Parent | on HN ]