The best overall regulation the U. S. could impose is to limit the size of every financial institution so that the possibility of out right failure guides every actor.
Sunday, April 19, 2015
Relief for Banks that Rarely Fail
Rule Relief for Banks at Low Risk explains FDIC Vice Chairman Thomas Hoenig's proposal for regulatory relief from Dodd Frank for Banks with simple easy to understand operations. Its a terrific proposal from an Agency for which I have high regard.
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