The market stability regulator, which would make sure that the markets don't freeze up on us we don't have a systemic crisis.

第一，市场稳定性调控者，要保证市场不会失去活力,保证我们不会有系统性危机。

耶鲁公开课 - 金融市场课程节选

The thing I stressed in my column was the market stability regulator, which is the Fed.

我在我专栏中强调的是,市场稳定性调控者，也就是联邦政府。

耶鲁公开课 - 金融市场课程节选