Regulation

Neel Kashkari: Dodd-Frank Act didn’t go far enough

Minneapolis Fed chief says more must be done to end the risks posed by banks that have grown too big to fail

Neel Kashkari at the Marquette Hotel in Minneapolis on November 9, 2015
Neel Kashkari at the Marquette Hotel in Minneapolis on November 9, 2015 Photo: David Bowman for WSJ

More needs to be done to end the risks posed by banks that have grown too big to fail, Federal Reserve Bank of Minneapolis president Neel Kashkari said on February 16.

In remarks prepared for a speech to be delivered at the Brookings Institution in Washington, DC, Kashkari said the 2010 Dodd-Frank Act "did not go far enough".

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