NEW YORK -- Calling it the "injustice of operating" in a U.S. economy "under the thumb of financial institutions that are so large they are considered 'too big to fail,'" the president of the Federal Reserve Bank of Dallas proposed rolling back the federal safety net for large banks.
In a speech Saturday at the Conservative Political Action Conference in Oxon Hill, Md., Richard Fisher said banking giants, a dozen of which control almost 70 percent of the assets in the U.S. banking industry, "operate under a privileged status that exacts an unfair tax upon the American people."Have more to add? News tip? Tell us
