Bank failures and problem bank numbers are going down, all good signs, says ex-FDIC head. “The regulatory requirement has just made life miserable for the smaller banks,” he says. “I think the Durbin amendment is really a terrible precedent,” Isaac says. The U.S. economy is really struggling and we could well be on the verge of a double-dip recession,” says William Isaac. Check back for Part 2 of this two-part interview, when Isaac delves more deeply into the impact of Dodd-Frank Wall Street Reform.”]
Source: https://www.cuinfosecurity.com/problems-regulatory-reform-a-4059