U.S. Treasury Recommends Preserving Dodd-Frank Bank Resolution Regime
Reuters, Feb. 21, 2018–Pete Schroeder
The U.S. Treasury Department has recommended preserving powers created after the 2007-2009 financial crisis that allow regulators to step in and wind down a failing bank, in a win for big banks and overseas regulators who had lobbied for the United States to keep it.
