
Former NEC director Gary Cohn on global banking system and U.S. economy
Washington Post Live
00:00
The Biden Administration's Discussion on Regulating Banks
Biden administration officials are starting to suggest that some additional regulatory efforts might be needed, particularly on the mid-sized banks. The key is it can't make small and mid-sized Banks uncompetitive because they are the backbone of the US economy. Over 50% of the loans that go into the US economy come out of these banks.
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