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Professor Lawrence White is interviewed about Financial CHOICE Act

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Excerpt from -- "'This could make sense for smaller, non-systemic banks,' he said. 'For the larger systemic banks, 10% capital may not be enough, or 10% capital alone without other things like stress tests, like closer scrutiny, because these are the large systemic guys, these are the guys who, if they did get into trouble, could have contagion type effects.'"

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