Wilbur Ross: Banking Over-Regulated

Posted by admin on Tuesday, March 14, 2017

Wilbur Ross Money Quote saying Over regulation didn’t stop banks from making poor decisions that weren’t regulated and we should stop regulations so bankers will become smarter. Wilbur Ross said:

There is no evidence that more regulation makes things better. The most highly regulated industry in America is commercial banking, and that didn’t save those institutions from making terrible decisions
— Wilbur Ross

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