What it does is create a system that was in place under Dodd-Frank, that for a bank to grow above $50 billion, or above $100 billion, they knew that there would be significant regulatory and supervisory costs.
Warren explains how the 2018 law changed regulatory costs for banks.
Share & report
More from Elizabeth Warren
When someone stands up and says, ‘I will lead this city by making it more affordable and here are my plans, real plans, plans to deliver on child care, plans to deliver on housing, plans to deliver; we’re going to experiment, we’re going…
When consumers’ finances are already stretched thin, exorbitant overdraft fees can cause other payments to bounce — leading to even more fees in a vicious circle that can ‘turn setbacks into crises,’
How many people will be denied cancer screenings, birth control, and STI testing?
Other voices in this conversation
