Federal Reserve Bank of Kansas City President Thomas Hoenig said the existence of companies whose failure would threaten the financial system is an obstacle to economic growth and impedes competition.
The Federal Reserve Bank of Kansas City said it has begun a search to replace bank president Thomas Hoenig , the U.S. central bank’s longest-serving policy maker, who is retiring Oct. 1.
Federal Reserve Bank of Kansas City President Thomas Hoenig said the U.S. economy is strengthening and that dissent by policy makers is essential to the success of the central bank.
Kansas City Federal Reserve Bank President Thomas Hoenig , stepping up his criticism of Fed policy, said its plan to keep the key interest rate near zero may backfire by fanning doubts the recovery can be sustained.
Federal Reserve Bank of Kansas City President Thomas Hoenig said international capital requirements are too lax to prevent another U.S. banking crisis.
"The risks are pretty enormous."
- Thomas Hoenig on Jun 05, 2014
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