"The Trump administration is examining the use of the designation "TOO BIG TO FAIL "for large non-bank financial institutions, with a closely anticipated Treasury report on the matter expected next month. Defenders of the current system said they were worried about efforts to strip regulators of designation authority.“If the Trump administration is not careful, it is going to recreate the pre-crisis, two-tier regulatory system, where banks are heavily regulated and non-banks, including gigantic non-banks, are going to be unregulated; labeling potentially risky firms and monitoring problematic activities are essential for rooting out threats to the financial system."
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At www.nytimes.com
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