Lacker: Ending ‘Too Big to Fail’ Is Going to Be Hard Work

Let me start by welcoming the Global Interdependence Center to Richmond, Va., and by thanking them for the invitation to speak with you this morning. My topic concerns the relationship between the financial sector and the public sector in the United States. The financial crisis of 2007–08 exposed…

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Lacker: Ending ‘Too Big to Fail’ Is Going to Be Hard Work

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