AFR Statement: Financial Services Committee Aims to Loosen the Rules for Some of the Country’s Biggest Banks
“These deregulatory measures are on the committee’s docket only as a result of massive lobbying by large financial institutions seeking a license to continue playing the kinds of heads-they-win-tails-we-lose games that were at heart of the financial crisis. Lawmakers need to decide whether to let the financial industry have its way or stand up for the public interest.”