Post-financial crisis changes have made the financial system more stable, but policymakers need to acknowledge that large banks still pose systemic risk, Minneapolis Fed President Neel Kashkari contended Tuesday.
Kashkari, 42, started at the bank earlier this year and quickly made further regulation a top priority. On Monday, he hosted a symposium in Minneapolis called “Ending Too Big to Fail,” where experts floated ideas about how best to make the financial system safer.
