While she was there, she served on the FDIC's advisory committee on banking policy.
The question of who succeeds Mr Mori, for instance, is crucial to the battle over banking policy.
Just as important, leaders can lay out a framework and a vision for a stronger eurozone, including deeper collaboration on budgets and banking policy.
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The authors admit that they still have quite a bit of work to do in establishing a clear central banking policy utilizing a random investment scheme.
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In many countries short-term interest rates are near zero and in a banking crisis monetary policy works less well.
This might be because in banking and monetary-policy circles, Mr Trichet's reputation remains high.
Sure, I can twist numbers and make wild guesses about the future of employment, interest rates, Fed policy or the banking system.
The original cause of the Icelandic crisis was a combination of inappropriate monetary policy and an outsized banking system.
Just as before, the cause is bad economic policy and bad central banking, too many rescue packages and too much printing of money.
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Now, attention will turn to Federal Reserve chairman Alan Greenspan's keenly awaited testimony on monetary policy to the Senate Banking Committee on Thursday at 1400 GMT.
Nevertheless, what is clear today is that the EU policy elite has chosen banking union as the circuit breaker rather than an attempt to create ever larger firewalls around sovereign debt.
The global financial crisis of 2008-09 spurred a brief recession in Israel, but the country entered the crisis with solid fundamentals - following years of prudent fiscal policy and a resilient banking sector.
U.S. retail sales data, industrial output in China and the euro area, the ongoing Spanish banking crisis and possible further monetary policy easing in Japan will all be overshadowed by the Greek elections, said Nomura Securities analysts in a 16 page report on Friday.
But holding on to national sovereignty in both fiscal policy and the control of the banking sector may indeed be incompatible with the survival of the Euro.
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Certainly, economic policy needs to nurture efficient domestic banking: for its own sake, and also because otherwise equity markets and other aspects of financial deepening may be held back.
Germany's low inflation rate, its limited room to ease monetary or fiscal policy and the problems in its banking system look horribly like the early symptoms seen in Japan in the mid-1990s before it sank into deflation.
Senator Biden for foreign policy experience, Senator Dodd on the Banking Committee.
The Bank of Japan has relaxed its monetary policy, providing more cash to the banking sector in a bid to boost the flagging economy.
Also, monetary policy liberalization and increased competition in the banking system will be key to improving credit and capital access for dynamic private companies.
Mr. Chidambaram also said that he expects the central bank to take steps to address the shortage of liquidity in the banking system when it meets to review its monetary policy Tuesday.
Last week Chancellor Angela Merkel suggested that a system be set up to filter SWF acquisitions, (See: "Merkel Plays Protector") and earlier this month her finance minister, Peer Steinbrueck, said the government has to pursue an "active industrial policy" to protect German telecommunications, banking, postal, logistics and energy companies, from being taken over by SWFs.
Later today, Federal Reserve Chairman Ben Bernanke will be testifying before the Senate Banking Committee as part of the semi-annual monetary policy report.
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Federal Reserve Chairman Ben Bernanke will deliver his monetary policy report to Congress, first to the Senate Banking Committee on Tuesday and then to the House Financial Services Committee on Wednesday.
The three key elements of this policy remained the adoption of a floating exchange rate system, the anchoring of monetary policy to the inflation target and the acceleration of banking sector reforms, he said.
Indeed, some observers argue that the banking system is already, in effect, nationalised, with government policy doing all it can to keep banks alive by allowing them to ignore problems for as long as possible while obstructing attempts by some banks to heal themselves.
That said, today's banking White Paper from the Treasury, which translates Vickers into firm policy, contains all sorts of other measures to limit the exposure of taxpayers to our banks - such as ring-fencing retail operations, so-called resolution procedures for breaking up banks in a crisis, and forcing banks to hold more debt able to absorb the losses that are generated when things go horribly wrong.
The effect would be to restart the policy of quantitative easing that Japan used to claw out of its banking crisis between 2001 and 2006.
Protecting small depositors is a commendable public policy but leaving larger depositors unprotected is likely to produce a European banking system in which liquidity runs are a serial problem.
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With murmurs at the FOMC growing louder every time the Fed Chairman and his acolytes express support for ultra-loose monetary policy and continued quantitative easing, Ben Bernanke faced the Senate Banking Committee where he once again defended his tenure as central bank chief.
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The cuts are reminiscent of similar fiscal policy actions taken in 2008 during the U.S. and European banking crisis.
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