HKS Affiliated Authors

Excerpt

The Trump administration—not the Fed—has it right on bank regulation. Hal Scott, July 3, 2017, Opinion, "All 34 of the largest banks in the United States, representing over 75 percent of U.S. banking assets, recently passed the Federal Reserve Board's annual stress tests for the first time since the tests were created in 2011. However, celebration is very premature." Link