# Professor Lawrence White notes that the coronavirus could pose unique challenges to the financial system that are still unclear

1 Faculty News March 3, 2020 ![The Washington Post logo](/sites/default/files/styles/246w/public/assets/images/con_031074.jpg?itok=f6OME_Rm)>

Excerpt from [The Washington Post](https://www.washingtonpost.com/business/2020/03/03/banks-lobby-coronavirus/) -- "Deregulation has already gone too far, and the coronavirus could pose unique challenges to the financial system that are still unclear, said [Larry White](http://stern.nyu.edu/faculty/bio/lawrence-white), a professor at New York University Stern School of Business. As the virus spreads some people may not be able to work, shop and travel, he said, and 'that is a problem for businesses because at the end of the day they won’t be able to sell stuff.'”

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