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General News    H3'ed 9/5/17

'Too Big to Fail' Label May Shrink for Some Firms Under Trump'

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'The Trump administration is examining the use of the designation 'TOO BIG TO FAIL 'for large non-bank financial institutions, with a closely anticipated Treasury report on the matter expected next month. Defenders of the current system said they were worried about efforts to strip regulators of designation authority.“If the Trump administration is not careful, it is going to recreate the pre-crisis, two-tier regulatory system, where banks are heavily regulated and non-banks, including gigantic non-banks, are going to be unregulated; labeling potentially risky firms and monitoring problematic activities are essential for rooting out threats to the financial system.'

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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