Political Quotes

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

On the recordMay 14, 2013
the effect of this too-big-to-fail affects us even now on a relatively calm day, because the giant banks are getting bigger.
Said by
John B. Taylor
South Carolina

Editor's note · Context

Taylor expresses concern about the growing influence of large banks on borrowers.

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More from John B. Taylor

Jul 28, 2015

Bankruptcy reform is essential to addressing the problem of too big to fail.

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Mar 25, 2014

I believe that the quantitative easing that really got underway after the panic in 2009 has not been effective.

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May 7, 2012

Fiscal policy is certainly a mess right now, and it has to be fixed, or we will be like Europe

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Jul 9, 2014

I would characterize it as they held interest rates too low for too long in that period, and that caused excesses in the housing market.

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