Dangers of bank deregulation highlighted by FDIC chair
The outgoing chair of the Federal Deposit Insurance Corporation cautioned that aggressive deregulation could lead to significant risks for the US financial system. Martin Gruenberg stated to the Financial Times that prioritizing short-term gains in finance may come with serious long-term costs.
Source: https://www.ft.com/content/24e6a22f-ca5d-452c-a1e5-e42ab0a978fe
