Editorial Board

Congress Is Threatening to Make the Next Financial Crisis Worse

Killing a planned accounting reform would make the system more vulnerable.

July 8, 2019 at 10:30 AM UTC

By The Editorial Board

The Editorial Board publishes the views of the editors across a range of national and global affairs.

Some forward thinking might have helped. — Some forward thinking might have helped.
Photographer: Ben Stansall/AFP/Getty Images

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More than a decade after the 2008 financial crisis, the U.S. is finally on the verge of adopting a much-needed reform designed to make the system more resilient.

Note to Congress: Please don’t get in the way.