Excerpt
Excerpt
As Congress Rolls Back Banking Regulations, One Historian Urges Caution. Nancy Koehn, May 29, 2018, Audio, "This month, Congress approved changes to the 2010 Dodd-Frank Act, a series of banking reforms passed in the wake of the 2008 financial crisis to stabilize the nation's economy. The rollback is limited, applying only to midsize and regional banks. Restrictions on the country's largest banks are still in place. However, Harvard Business School historian Nancy Koehn cautioned against deregulating the industries responsible for the 2008 crisis too quickly." Link