Top US regulators restless over too-big-to-fail
Two top-level US regulatory officials have expressed their concerns about the current supervisory structure for so-called ‘too-big-to-fail' financial institutions requiring government bail-outs in the future.
Jerome Powell, a Federal Reserve governor, warned "more intrusive measures" may be required to stop public funds being needed to bail out ‘too-big-to-fail' financial institutions, despite lauding regulatory efforts to address the matter.
Powell said global regulators are "generally on the
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