Fed Governor Tarullo: is repo supply linked to the demand for safe assets? (Premium)
Federal Reserve Governor Daniel Tarullo, never one to shy away from the tough questions, asked some great ones at the start of last week’s Center for American Progress and Americans for Financial Reform Conference in Washington, DC. The speech was about Shadow Banking, but there were much broader implications for both securities finance and global financial markets in general. Here’s what he said along with our commentary.