But instead of calling these firms systemically important financial institutions or SIFIs, I think what we should call them is what we all know they are and what the market calls them as well, and that is too-big-to-fail institutions.
Capuano criticizes the term SIFIs, arguing it obscures the reality of too-big-to-fail banks.
Share & report
More from Mike Capuano
A good economy for three people doesn't help for the 300 and some odd million people that live here.
Mr. Chairman, we know exactly how to end a person's homelessness: You provide her with a home.
The reason you are not familiar with it is because the Trump Administration stopped it.
Any additional changes to Dodd-Frank's derivatives rules needs to satisfy, in my opinion, a high burden of proof for me to support rolling back rules on the derivatives market just because they are inconvenient for some institutions.
Other voices in this conversation
