Mike Konczal: Regulatory changes after financial crisis raised concerns about small banks

Mike Konczal: Regulatory changes after financial crisis raised concerns about small banks
Regulation impact on small U.S. banks debated

Mike Konczal addresses ongoing debates following the financial crisis regarding regulation of Wall Street and the largest banks.

He highlights concerns that higher capital requirements may have unintentionally benefited big banks while making it harder for small banks. Konczal points out that critics raised the issue but did not propose concrete solutions or respond when efforts were made to address the problem.

Konczal has previously highlighted that CPI readings are understating the severity of U.S. inflation, as the gap with core PCE remains persistent this month in his article CPI remains well below PCE. He also observed that job openings currently outnumber the unemployed, in contrast with the situation in 2025, as detailed in Job openings outnumber unemployed compared to 2025 situation. These observations come as policymakers weigh the broader effects of post-crisis regulations.

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