House Bill Would Force Big Banks to Compete in Free Market

hurley11-150x150American Banker (subscription required)
Cornelius Hurley, Center for Finance, Law & Policy, School of Law

It’s been a bleak winter for financial reformers in the United States. Legislators have introduced, and in some cases passed, a number of bills that aim to gut various components of the Dodd-Frank Act…

Expert quote:

“Market perception of a subsidy would drive this capital buffer.”

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