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Fear Of $10 Billion
Monday, October 3, 2016 5:18
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from Liberty Street Economics
– this post authored by Donald P. Morgan and Bryan Yang
Ten billion has become a big number in banking since the Dodd-Frank Act of 2010. When banks’ assets exceed that threshold, they face considerably heightened supervision and regulation, including exams by the Consumer Financial Protection Bureau, caps on interchange fees, and annual stress tests.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201610030630
