On the recordMarch 2, 2015
If big financial institutions know that they can rely on the Fed to save them if they start to falter, then they have every incentive to take on more risk and to threaten the entire system.
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congress.govIf big financial institutions know that they can rely on the Fed to save them if they start to falter, then they have every incentive to take on more risk and to threaten the entire system.
Warren emphasizes the risks of relying on Fed bailouts for big financial institutions.
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