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St. Louis Fed President: Break Up the Banks

James Bullard, the President of the St. Louis Federal Reserve, has become the second regional bank President in the last couple months to endorse the concept of breaking up large banks.
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Break Them Up

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This was unexpected: Federal Reserve Bank of St. Louis President James Bullard said Thursday that banks deemed “too big to fail” should be split up. “We do not need these companies to be as big as they are,” Bullard said....

Fed’s James Bullard: Fed Is ‘Much Closer’ to Its Policy Goals

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While he stopped short of calling for a change in policy, Federal Reserve Bank of St. Louis President James Bullard said Monday the time is fast approaching when the central bank may need to begin raising interest rates.

Fed’s Bullard Backs Splitting Up Large Banks

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Federal Reserve Bank of St. Louis President James Bullard said Thursday that banks deemed "too big to fail" should be split up.

Fed’s Bullard Calls For Breaking Up Nation’s Biggest Banks

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Federal Reserve Bank of St. Louis President James Bullard warned Tuesday regulatory changes haven't solved the too-big-to-fail problem in banking, adding that he'd support a break-up of the biggest banks in the U.S.

Fed President Bullard Explains The Latest Fed Dollar Swaps Move

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A day after the Federal Reserve in conjunction with the central banks of Canada, Switzerland, Japan, and the UK agreed to intervene and lower dollar swap rates, James Bullard, president of the Federal Reserve Bank of St. Louis said ...

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