[Aunche]

> the sub-prime lending crisis had its roots firmly in Clinton-era repeal of Glass-Steagal

Not really. You'd just have very highly correlated financial entities that would have collapsed the exact same way. AIG received the largest bailout and wasn't even a bank.

> they then patched with the inferior Frank-Dodd.

Dodd Frank is why the finance sector was stable despite all the volatility introduced by the pandemic and inflation. The culture of banking has significantly shifted to being more conservative now, and risk has moved to the buy-side of trading, which is easier to let go of. Trump partially rolled back regulations such that banks under $250 billion no longer had to had to conduct stress tests, and bank collapses occurred all the way up to that threshold.