Capitol Account

Capitol Account

Brookings' Klein Talks Fed Blind Spots, Bank Runs and Why the U.S. Shouldn't Cover More Deposits

Also, Fed's Bowman warns new rules could enshrine too-big-to-fail; Dalia Blass gets candid about ESG policy responses; a new reporter at Capitol Account

May 19, 2023
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Friday Q and A: With both bank executives and regulators in the hot seat this week on Capitol Hill, we thought it would be a good time to call up Aaron Klein to get his assessment on the politics and the possible policy responses. The Brookings Institution senior fellow is a sort of financial regulation Zelig – he’s managed to be in the thick of policy …

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