06/03/2015
https://www.congress.gov...
"the Federal Reserve issued a white paper last week that contemplates replacing the $50 billion asset size threshold"
"The change would reduce some of the current pathologies in bank regulation that Dodd-Frank created."
"The proposal in the bill under consideration would inject a degree of intellectual rigor into the SIFI designation process that is currently lacking."
"In my view the flawed process by which MetLife was designated as a SIFI illustrates the need to impose more intellectual rigor on the SIFI designation process."