Unfinished levee work leaves Braithwaite more vulnerable to hurricanes; Lafitte Greenway construction begins

Print More

Sens. Sherrod Brown (D-Ohio) and David Vitter (R-La.) have long pushed to subject the biggest banks to additional restrictions due to their size, or breaking them up into smaller pieces.

On Tuesday, Brown called the New York Fed’s work [a collection of 11 studies] a confirmation of their message.

And Vitter said it was noteworthy that they came from the New York Fed, long seen as close to the industry.

Help us report this story     Report an error    
The Lens' donors and partners may be mentioned or have a stake in the stories we cover.