Mark Whitehouse, Columnist

These Banks Can't Pretend They're Not Important

History suggests that freeing midsize banks from special scrutiny would be a bad idea.

March 5, 2018 at 10:00 AM UTC

Mark Whitehouse is a member of the editorial board covering global economics and finance. Previously, he reported on economics for the Wall Street Journal and was managing editor of Vedomosti, a Russian-language business daily.

Pretty important.
Photographer: Susana Gonzalez/Bloomberg

Provide news feedback or report an error

Site feedback:

Take our Survey

Judging from their latest effort to roll back the Dodd-Frank Act, congressional Republicans think that regulators shouldn’t worry so much about the country’s next-to-largest banks — the ones with between $50 billion and $250 billion in assets.

Are they right? History suggests not.