Minneapolis Fed launches too-big-to-fail plan

Neel Kashkari
Neel Kashkari

The Federal Reserve Bank of Minneapolis has put forward a plan to sharply increase the capital requirements of big banks, with the aim of eliminating the risk of a public bailout in the case of a financial crisis.

The document also calls for community banks to be unburdened from the more onerous regulations, as well as the imposition of a tax on the borrowing of non-bank lenders.

The Minneapolis Fed considers that leaving unchanged capital requirements for systemically important financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected]king.com to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: