"We recognize it when we make a mistake, and we adjust" — Minneapolis Fed president

Dec 19, 2019
The central bank made a policy U-turn in 2019, cutting interest rates. Neel Kashkari says that's a good thing.
Neel Kashkari testifies before the Senate Committee on Banking, Housing and Urban Affairs in 2008.
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Minneapolis Fed President Neel Kashkari says raising interest rates too soon could lead to a recession

The Federal Reserve has raised interest rates for the fourth time this year.
Neel Kashkari, then the acting interim assistant secretary for financial stabilization at the Treasury Department, arrives for a hearing on Capitol Hill back in 2009.
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The man in charge of TARP: "I'm proud of the actions that we took"

Sep 4, 2018
Neel Kashkari on the 2008 financial crisis and what Congress would do if another crisis hits.
Neel Kashkari, former-interim assistant secretary for financial stability and assistant secretary for international affairs at the Treasury Department, waits for the start of the hearing by the Senate Banking, Housing and Urban Affairs Committee October 23, 2008, on Capitol Hill in Washington, D.C.
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Neel Kashkari wants to end Too Big To Fail

Nov 17, 2016
The President of the Federal Reserve Bank of Minneapolis says he has a plan to drastically reduce the chances of another bailout of big banks.
Neel Kashkari, US Treasury Department Assistant Secretary for Financial Stability, discusses the Troubled Asset Relief Program (TARP), the federal government's $700 billion bailout program, in a forum at Georgetown University's McDonough School of Business on January 13, 2009 in Washington, DC. 
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'Too big to fail' worries still persist

Feb 17, 2016
The head of the Minneapolis Fed says he remains concerned.
Neel Kashkari says the U.S. economy could tank if big banks fail. 
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The future of Greece, and other financial crises

Jun 19, 2012
A conversation with Neel Kashkari, the former head of TARP and now head analyst with PIMCO, on what Europe can learn from the U.S.'s own financial storm.