Some early plans are dribbling out of the halls of Congress aimed at revamping the U.S. financial system, and the changes may be sweeping in scope. The New York Times reported that one Republican member of the U.S. House of Representatives, Jeb Hensarling (R-TX), has laid out...
Breaking up may be hard to do … but, sometimes, it’s necessary. Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said on Tuesday (Feb. 16) that regulators should ponder whether the biggest players in the financial services realm should be broken up. That...
April 07, 2017
In what might be shaping up as the battle of the bankers, a heavy hitter in the industry is taking aim at JPMorgan CEO Jamie Dimon’s comments earlier this week about the state of financial firms. As CNBC reported, Neel Kashkari, who serves as Minneapolis Fed president, is “taking on” Dimon, the financial arena’s “perhaps […]
November 17, 2016
Some early plans are dribbling out of the halls of Congress aimed at revamping the U.S. financial system, and the changes may be sweeping in scope. The New York Times reported that...
