"Too-big-to-fail" bill to be introduced

02/12/2013 | Bloomberg · AmericanBanker.com (free registration)

Congressman John Campbell, R-Calif., said he plans to offer legislation intended to expand bank capital requirements. "If you want to stay big that's fine, you can stay big. But it's going to be rather expensive," said Rep. John Campbell, R-Calif., the bill's sponsor. The bill would require banks with over $50 billion in assets to hold an extra level of capital to ensure against the possibility of short-term funding disappearing.

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