What Paulson wants to do is make that official that the Fed is no longer just a central bank; it's a market stability regulator.

鲍尔森想做的就是使各级政府,以及联邦政府不再单单是个中央银行;,而是市场稳定的监控者。

耶鲁公开课 - 金融市场课程节选

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

It's not a government organization but it is a regulator.

这不是一个政府机构,但却是一个监管机构

耶鲁公开课 - 金融市场课程节选

Part of the reason why I'm endorsing this market stability regulator is that there's no way we can set up a system that is both very effective in allocating resources and that is also very stable.

我赞成市场稳定性监控者,的部分原因是,没有方法建立一个,既能完全有效配置资源有非常稳定,的系统。

耶鲁公开课 - 金融市场课程节选