Beware of Bank Regulations Curtailing Credit

By Jennifer Moreale
As Diana Furchtgott-Roth of the Manhattan Institute points out, there is widespread hostility towards the financial sector even though: 140 banks failed in 2009 regulators and Congress encouraged banks to make high-risk loans many banks were required by Hank Paulson to take the TARP money in 2008 all but one large bank repaid TARP funds...

TAGS: Barack Obama, Diana Furchtgott-Roth, Financial Crisis Responsibility Fee, Jason Zweig, Manhattan Institute, Volcker Rule

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