Former FDIC Chairwoman Sheila Bair says more must be done to regulate banking risk. The Financial Stability Oversight watchdog has made little progress on initiating the reforms in the Dodd-Frank Consumer Protection Act, and there seems to be a disturbing sense of complacency in Washington to act, despite growing problems. The recent debacle at JPMorgan (NYSE:JPM) is a terrific case-in-point. (video)
Former FDIC Chairwoman Sheila Bair says more must be done to regulate banking risk. The...
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Symbol | Last Price | % Chg |
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JPM | - | - |
JPMorgan Chase & Co. |