Fed's George moaning about bank regulations via ForexLive

• New bank rules prescriptive and too complex
• Community banks entangled in a web of reforms
• Pendulum swung too far on community bank rules

No mention of monetary policy.

“Hit the nasty banks with more regulations” were the cries immediately following the crisis. Esther George thinks they've gone too far.

“Do you dig me people?”

posted via ForexLive