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Articles tagged with: big banks; Wall Street; deregulation; Federal Reserve; stress test

AFR Report: Finance for a Fair Economy – Managing the Financial Cycle
March 28, 2019 – 5:00 am

The financial cycle is a concept developed by economists to understand the reasons why finance-driven growth can be self-defeating. Policymakers need to rebalance our response to recessions and financial crises to prevent any repetition of the experience of 2008-2009, in which benefits flowed to Wall Street, not ordinary Americans.

Letters to Congress: AFR urges opposition to HR 4293 in order to defend effective regulation of big banks
April 11, 2018 – 1:20 pm

AFR sent a letter to Congress opposing a bill that would severely weaken stress testing–a key element of bank supervision and oversight.