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>> JACK LEW Latest News

NOV 12, 2013 - Huffington Post

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Elizabeth Warren: 'Too Big To Fail' Is Worse Than Before Financial Crisis

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) warned in a speech Tuesday that the problem of banks considered "too big to fail" has only gotten worse since the 2008 financial crisis, potentially sowing the seeds of a future crisis. "Today, the four biggest banks are 30 percent larger than they were five years ago. And the five largest banks now hold more than half of the total banking assets in the country," Warren said in a keynote address at a conference on the future of financial reform put on by the Roosevelt Institute, a think tank. "Who would have thought five years ago, after we ... Read More

Tags: Elizabeth Warren: 'Too Big To Fail' Is Worse Than Before Financial Crisis,  Jack Lew Latest News