U.S. Treasury Secretary Jacob Lew says delays in writing rules to put the financial overhaul law into effect have raised the prospect that taxpayers might again have to bail out big banks that fail.
Lew says that means policymakers would have to consider new approaches. His comments came Wednesday at a conference organized by CNBC.
If rules putting the 2010 law in place aren’t sufficient by year’s end to eliminate the possibility of taxpayer bailouts, Lew says “We’re going to have to look at oth...
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