Minneapolis Fed President and CEO Neel Kashkari believes that the largest banks are still Too Big to Fail, and he and his colleagues are exploring possible solutions.
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Minneapolis Fed: Dodd-Frank Was Not Enough to End Too Big to Fail
In his first speech as president of the Minneapolis Fed, Neel Kashkari said that progress had been made toward ending too big to fail, but that the Dodd-Frank Act did not go far enough.
Read More »Minneapolis Fed Names New President and CEO
The Federal Reserve Bank of Minneapolis announced today that Neel Kashkari has been named the company’s 13th president and chief executive officer, effective January 1, 2016. Current President and CEO Narayana Kocherlakota will end his tenure on December 31, concluding a five -ear run as head of the Federal Reserve Bank of Minneapolis.
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