New York Fed president suggests Dodd-Frank has made investors ‘more skittish'
Dudley notes ‘extraordinary interventions' will be more difficult to undertake
Much has been done over the past few years to mitigate the structural flaws that make wholesale funding a point of weakness in the global financial system, William Dudley, the president and chief executive officer of the Federal Reserve Bank of New York, said today at a workshop devoted to the issue.
"The New York Fed, for example, has led a Federal Reserve effort to make the tri-party repo system more resilient to stress, while the Security and Exchange Commission has taken steps to address
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