Hoenig Says Fed Must Watch Greek Crisis `Very Carefully’

Hoenig Says Fed Must Watch Greek Crisis `Very Carefully'

May 6 (Bloomberg) — Federal Reserve Bank of Kansas City President Thomas Hoenig talks with Bloomberg’s Peter Cook about the potential impact of the Greek debt crisis on the US economy. Hoenig, speaking in Washington, also discusses his dissenting votes on Fed policy statements, plans for selling the central bank’s asset-backed securities and outlook for new financial regulation.