Wallison Says Fed Policy Decision Is `Very Sensible': Video

Nov. 4 (Bloomberg) -- Peter Wallison, resident fellow at the American Enterprise Institute, talks...  More »

Nov. 4 (Bloomberg) -- Peter Wallison, resident fellow at the American Enterprise Institute, talks with Bloomberg's Mark Crumpton and Julie Hyman about the Federal Reserve's intention to keep interest rates “exceptionally low” for “an extended period” as long as inflation expectations are stable and unemployment fails to decline. Wallison also discusses Wall Street pay limits and regulation. Wallison is a former general counsel at the U.S. Treasury and a member of the commission set up by Congress to investigate the financial meltdown. (Source: Bloomberg)  « Less