Hal Scott is Back With a Sweeping Plan to Overhaul Financial Regulation

Also, House Republicans blast debanking of crypto firms

It’s been almost 20 years since Hal Scott put together a blue-ribbon group of academics and business leaders to help the Treasury Department reorder the U.S.’s financial oversight system. That effort was ultimately unsuccessful. But with Republicans ascendant and deregulation in the air, the emeritus Harvard Law professor is eager to try again.

Today, Sc…