Quotes About Authority

Guidance has less legal force than regulations, but it still carries considerable weight with bank examiners.

and in fact lacked the authority to do so,

But that's the baggage that comes with consequential policy jobs,

And while the FDIC had emergency authority to wind down failing commercial banks in a swift and orderly fashion, no one had the authority to step in to avoid a chaotic bankruptcy of a major nonbank, to inject capital into a nonbank, or to guarantee its liabilities.

but I had learned an important lesson about the power that my words now carried.

But in my heart I knew that use of our emergency authority could only be justified when it served the broad public interest.

At the scheduled time, I found myself in the Oval Office, feeling a little overwhelmed

Losing the authority to supervise smaller banks could create a dangerous blind spot.

instead. But Obama had made up his mind and pressed Tim to accept, which he eventually did.

It was one authority I was happy to lose.

would ask me what state I was the governor of.

rules aren't useful unless they are enforced.

Legally, the decision had to be Bank of America's.

Hank and I were accused of abusing our authority by allegedly forcing Bank of America to go through with the deal.

It would also have the authority to examine individual institutions, in cooperation with the prudential regulator,

the consequences of not having a single fiscal authority for the eurozone became apparent.

I was as reassuring as I could be, but I was not in a position to offer guarantees, implicit or otherwise.

But in a financial crisis, the words of government officials carry extraordinary weight.

had been lobbying aggressively against enhancing the Fed's authority.

Baby boomers and their music rebelled against parents because they were parents—nurturing, attentive, and overly present (as those teenagers often saw it) authority figures. Today's teenagers and their music rebel against parents because they are not parents—not nurturing, not attentive, and often not even there.

The secular bullies believe they have an exclusive patent on scientific knowledge.

The new authority figures of the porn generation are many, and nearly all are members of a coarsened pop culture—one fed by the destructive malaise of the relativist world.

because man is a threat to man, human beings seek safety and satisfaction in authority;

From its very inception, the goal of higher education has been to challenge the authority structure under the banner of open-minded inquiry.