Treasury secretary: We must end "too big to fail"

07/19/2013 | New York Times (tiered subscription model), The

With the country's largest banks reporting record profits, Treasury Secretary Jack Lew called for the adoption of rules implementing the Dodd-Frank laws to increase capital requirements and end the "too big to fail" threat banks pose to the economy. Federal Reserve chief Ben Bernanke echoed the warning in his testimony before a Congressional committee Thursday, but some analysts wonder whether the regulators have the will to support aggressive regulation of the industry.

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