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.
Elizabeth Warren: “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…”
Editor's note · Context
Warren explains how the 2018 law changed regulatory costs for banks.
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