John B. Taylor: “Bankruptcy reform is essential to addressing the problem of too big to fail.”

The powers are almost like a virus in the body politic of municipal democracy.

I have become critical of the Federal Reserve policy regarding its unconventional policies, both before the crisis and after.

the effect of this too-big-to-fail affects us even now on a relatively calm day, because the giant banks are getting bigger.

The Financial Institution Bankruptcy Act would work better, in my view, as a resolution device than Title II of Dodd-Frank.