U.S. Representative John Campbell said he plans to offer legislation intended to shrink too-big- to-fail banks by requiring them to hold more capital including long-term debt.
U.S. Representative John Campbell plans to offer legislation aimed at reducing the size of “too- big-to-fail” banks by requiring them to hold more capital including long-term debt.
A 2010 global agreement that gives emerging markets such as China a bigger say at the International Monetary Fund may be sent to Congress next month for approval needed to take effect, a lawmaker with an oversight role said.
"That has put us all a few months behind in planning."
- John Campbell on Dec 06, 2014
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