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Yellen Warns Against Erasing Regulations Made After Financial Crisis

NYT

She also cautioned against overconfidence, noting that policy makers gathered at this same conference a decade ago were optimistic about the resilience of the system — which was even then in the process of falling apart. One goal of the changes enacted since the crisis is to guard against the problems that regulators do not anticipate.“The events of the crisis demanded action, needed reforms were implemented and these reforms have made the system safer,” Ms

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Yellen Warns Against Erasing Regulations Made After Financial Crisis

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