Examining Primary Dealers and Balance Sheet Constraints
Susan McLaughlin, Executive Fellow at Yale Program on Financial Stability, testifies at a hearing in front of the House Committee on Financial Services.
On Tuesday, December 2, 2025, at 2:00 p.m., the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity held a hearing entitled “Examining Primary Dealers and Their Balance Sheet Constraints.” Susan participated as one of the expert witnesses. You can find the full transcript of the hearing here.