Minneapolis Fed Chief: Break Up the Too Big to Fail Banks

February 17, 2016

National Mortgage Professional, Feb. 16, 2016--Hall, Phil

In his first speech as the new president of the Minneapolis Federal Reserve, Neel Kashkari took on a strikingly political edge by complaining about the limits in enforcing the Too Big to Fail aspect of a Dodd-Frank Act. Speaking at the Brookings Institution, Kashkari noted that his regional Fed bank was taking aim at the issue and then challenged Capitol Hill to do the same.


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