The latest news on financial regulation
"Too big to fail" banks provide little benefit and cause huge problems.
Shrinking banks prevents another bailout and eliminates a costly oligopoly.
Large banking firms serve a critical role in the financial ecosystem.
Big banks provide benefits, provided their risks are managed.
Some gains have been made on Wall Street transparency, but far more work must be done.
43 senators are looking out for the interests of Wall Street, rather than consumers.
New financial products can certainly help workers, if they aren't abused.
The market would discipline banks far better than the Federal Reserve.
The Consumer Financial Protection Bureau is showing it can solve problems.
The problem with grand solutions is they often don't work in the real world.