Rodgin Cohen Says Bank Deregulation Is Dwarfed by Economic Considerations on Bloomberg TV

March 23, 2018
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On March 23, Rodgin Cohen discussed trade war, deregulation and financial institutions with David Westin and Julia Chatterley on Bloomberg TV's “Bloomberg Daybreak: Americas.” “If you ask any bank and give it the choice, would you rather have more deregulation or a strong, fairly shared economy, I think the vast majority would opt for the latter,” Rodgin said in response to David's question about whether bank deregulation is dwarfed by the possibility of a trade war. Regarding whether there will be Dodd-Frank rollback legislation soon, Rodgin said, “Certainly Senator Crapo's bill is a major step in the right direction for the under $10 billion banks, whether it is relief from Volcker… or relief from some of the more onerous capital requirements, there are real steps in the right direction.”