Living wills are one of the primary tools that Congress gave to regulators to make sure that the taxpayers will not be on the hook if another giant bank fails.
Elizabeth Warren: “Living wills are one of the primary tools that Congress gave to regulators to make sure that the taxpayers will not be…”
On the recordFebruary 10, 2016
Source
congress.govEditor's note · Context
Warren emphasizes the importance of living wills for taxpayer protection in bank failures.
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