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Politico Europe: Why the U.S. is Right to Crack Down on European Banks

"Better Markets’ Dennis Kelleher emails with a cogent argument as to why the Fed requires European lenders to keep a lot of capital in the U.S. and subjects them to stress tests."


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 “If U.S. taxpayers are going to bail out European banks during a crisis, then the Fed should regulate them before they crash.”


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