Ex-Fed's Stern: Return of Glass-Steagall May Not Help

Ex-Fed's Stern: Return of Glass-Steagall May Not Help

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

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The video discusses the potential changes to financial regulations under President Trump's administration, focusing on Dodd-Frank and its impact on financial institutions. It highlights the importance of balancing regulation with risk-taking and the role of stress tests in restoring confidence. The relevance of Glass-Steagall is debated, with a focus on its impact on past financial crises. The video also examines the regulatory differences between large financial institutions and community banks, suggesting relaxed regulations for the latter due to their limited systemic threat.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some aspects of Dodd Frank that have been considered effective?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about treating all financial institutions identically?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current debate surrounding the Consumer Financial Protection Bureau?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the balance between regulation and the risk of another financial crisis?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's opinion on the effectiveness of stress tests for financial institutions?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the Glass Steagall Act in relation to the financial crisis?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker differentiate between community banks and larger financial institutions?

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