Jun 7, 2017 ... The CHOICE Act ends this by insisting on the use of a bankruptcy process for big  financial institutions that fail, while fundamentally reforming the Consumer  Financial Protection Bureau. The result will be significant economic  improvements for the country and a financial market that discourages big ...
The "too big to fail" theory asserts that certain corporations, particularly financial  institutions, are so large and so interconnected that their failure would be  disastrous to the greater economic system, and that they therefore must be  supported by government when they face potential failure. The colloquial term " too big to fail" ...
Sep 30, 2011 ... To promote the financial stability of the United States by improving accountability  and transparency in the financial system, to end ''too big to fail'', to protect the  American taxpayer by ending bailouts, to protect consumers from abusive  financial services practices, and for other purposes. Be it enacted by the ...
Mar 28, 2017 ... Congressional Republicans on Tuesday made their case for Treasury Secretary  Steven Mnuchin to end the practice of bringing nonbank financial institutions  such as insurers under greater supervision if they're deemed too-big-to-fail by the  Financial Stability Oversight Council. In a letter, 10 of the 12 GOP ...
Jul 14, 2014 ... This report has not been officially adopted by the Committee on Financial  Services and may not necessarily reflect the views of its Members. ... will never  again be asked to foot the bill for Wall. Street's mistakes.” - President Barack  Obama, July 21, 2010. “Does [too big to fail] still exist? Of course it does.”.
The financial services bill will end "too-big-to-fail."