On NPR: Dodd-Frank Rollback ‘Completely Ignores’ How Financial System Works

“What worries me about this is it completely ignores the way our financial system actually works. No bank is an island in today’s world, regardless of its size. Midsize banks sell their loans upstream. They form syndicates that take on bigger risks. They provide critical lines of credit to big local industries that are big employers, so they’re connected to the larger economy in dozens of ways we may not even see until the dominoes start to fall.”

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