‘Too Big to Fail’ Label May Shrink for Some Firms Under Trump

New York Times, Sep 4, 2017
by Victoria Finkle

WASHINGTON — The Trump administration is examining the labeling of large non-bank financial institutions as “too big to fail,” with a closely anticipated Treasury Department report on the initiative expected next month.

It is unclear whether the White House will move to entirely eliminate the label, a product of the Dodd-Frank financial regulations, but analysts and industry officials predict that its use will most likely be curtailed significantly.

“This is probably a tool that goes dormant for the time being,” said Edward Mills, a financial policy analyst with FBR Capital Markets.

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