The market stability is going to be the Fed, the Fed's role would be broadened so that it's not just a banking regulator, it's the whole financial system.

市场的稳定将成为联邦政府的工作，政府的职责将会扩大,那么政府将不再仅仅是银行业的调控者，而变成了整个金融系统的调控者。

耶鲁公开课 - 金融市场课程节选