The Republican Bankruptcy Illusion

There is now near-unanimity that the United States' Dodd-Frank financial reform legislation, enacted in 2010, did not end the problems associated with some banks being "too big to fail." When it comes to proposed solutions, however, no such consensus exists. On the contrary, financial regulation has become a key issue in November's presidential and congressional elections. So who has the more plausible and workable plan for reducing the risks associated with very large financial firms? The Democ

Source: Peterson Institute (PIIE)