On the recordJuly 15, 2009
the difference is you will actually have an agency whose primary focus is to ensure that the American taxpayer, the consumers, their interests are protected.
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congress.govJohn B. Taylor: “the difference is you will actually have an agency whose primary focus is to ensure that the American taxpayer, the…”
Editor's note · Context
Taylor argues that the new agency will prioritize consumer protection over banking interests.
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More from John B. Taylor
May 14, 2013
The bailout problem is still there. There will be every incentive for the FDIC to provide additional funds to some creditors.
May 14, 2013
the key to being a successful business ought to be a successful business, not covering yourself by being well-connected.
Mar 2, 2015
I think higher capital requirements are a way to get at this problem, and it may be the easiest way.
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