Gaurav Vasisht
@gauravvasisht
Executive Director and CEO, NYSIF; Former director of financial regulation at @VolckerAlliance. Views are my own. Retweets and follows ≠ endorsements.
ID: 3752128120
23-09-2015 18:41:19
245 Tweet
232 Followers
643 Following
Truly privileged to have participated in one of the last interviews given by former Fed Chairman Paul Volcker. Published by Yale Program on Financial Stability the interview carries forth wisdom for generations to come. The Volcker Alliance Kaleb Nygaard elischolar.library.yale.edu/journal-of-fin…
My latest with Sheila Bair on the need to regulate stablecoins.
Don’t ban private stablecoins, but do regulate them similar to government money market funds, which HAVE been stable through two crises. Stablecoins Are Anything But Stable barrons.com/articles/stabl… via Barron's Aaron Klein George Selgin Morgan Ricks Paxos Global
Fantastic decision by Amherst College. Will others follow…?
I don’t know what Volcker would do, but think he would be more willing to use supervisory tools to tame bubbles and leverage, and would target money supply, not interest rates. The Fed now pays too little attention to money supply and its economic impact. washingtonpost.com/opinions/2021/…
“Long Covid has harmed the work force,” says a new report on workers’ compensation claims in New York state. It found that most people who received workers’ comp for long Covid either needed medical treatment or were unable to work for six months or more. nytimes.com/2023/01/24/hea…
An article by the The New York Times further quoted Gaurav Vasisht: “The longer you’re out of work, the harder it is for you to get back to work, and that can stigmatize patients. It could be highly disruptive to their family and professional lives.” nytimes.com/2023/01/24/hea…
#NYSIF Executive Director & CEO Gaurav Vasisht recently discussed our #LongCovid study on WCNY's The Capitol Pressroom. You can listen to the interview here: capitolpressroom.org/2023/02/14/sta…. It will be broadcast throughout the week and is also accessible by #podcast on Apple & Spotify. #workerscomp
If only Congress or the Fed had followed Gaurav Vasisht advice in 2019 the impact of the Fed's deregulation and SVB's subsequent failure would be more clear. sites.duke.edu/thefinregblog/…
#NYSIF hosted a #Climate #ESG panel today on Impact on the Real Economy. Panelists included Jose Minaya, CEO,Nuveen, a TIAA company, Roy Swan, Head, Mission Investing, Ford Foundation, Sarah Gelfand, MD, Haifa #Bluemark, & NYSIF CEO Gaurav Vasisht with Rajith #Sustainability
Under Governor Kathy Hochul’s leadership, #NYSIF has distributed more than $1 billion to #NYS businesses in dividends and return-of-premium programs, recognizing strong worker safety records & protocols. #workerscomp #workerprotection governor.ny.gov/news/governor-…
How to stop FedNow from becoming a FedFlop. My latest w/NYSIF CEO Gaurav Vasisht in MarketWatch. marketwatch.com/story/feds-ins…
Less than 1% of banks have signed up for FedNow. If the Fed does nothing FedNow could be a massive FedFlop. Gaurav Vasisht and I have a solution in MarketWatch so that America can finally catch up to the rest of world with realtime payments. marketwatch.com/story/feds-ins…
#NYSIF Executive Director & CEO Gaurav Vasisht said, “The health care sector is at the frontlines of the global climate crisis, confronting its public health impacts and system disruptions while contributing significantly to greenhouse gas emissions." ww3.nysif.com/Home/FooterPag…
"As a member of the Governor’s cabinet and as the first person of Asian origin to lead my organization in its 110-year history, I can’t help but be inspired by and be in awe of Governor Kathy Hochul 's commitment not just to diversity but to leveling the playing field." Gaurav Vasisht
Happy 1st Birthday to #FedNow. After decades of planning and building the Fed's new realtime payment system has struggled to work. Gaurav Vasisht and I explain how the Fed could fix FedNow before it becomes a FedFlop. marketwatch.com/story/feds-ins…