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by DubiousPusher 1196 days ago
> There will be pressure to reintroduce the Dodd-Frank stress tests that the Trump administration

Can't they just up the capitalization requirements and get the same effect with far less red tape and billable hours for consultants and lawyers?

1 comments

IANA-Economist, but I believe the reason that capitalization requirements aren't sufficient is because of the "Last Taxi Problem", described in this article:

https://www.clevelandfed.org/publications/economic-commentar...