Policy Study

Fixing the Regulation of Wall Street

A review of the Obama administration's proposal for reforming financial services regulation and recommendations to end the era of too big to fail
Policy Study 377

Today, President Obama urged “common sense” banking regulations and outlined his ideas to overhaul regulation of the financial sector. In response to the costly bailouts and bank failures, Congress is expected to create a new set of financial regulations later this year. This study examines the Obama administration’s proposals to reform Wall Street and offers recommendations to ensure that taxpayers are no longer forced to bail out banks and companies deemed “too big to fail.”