Comment on Rule letting U.S. dismantle giant banks in crisis should stay, Treasury Department advises

Rule letting U.S. dismantle giant banks in crisis should stay, Treasury Department advises

U.S. bank watchdogs should retain the ability to dismantle massive, complex financial firms after a collapse, but they should ensure the power is reserved “as an emergency tool for use under only extraordinary circumstances,” the Treasury Department said in a report released Wednesday. The Trump...

 

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