Moynihan Says Not in U.S. Interest to Break Up Banks

The transcript discusses the potential breakup of large banks, the implications of such actions, and the need for different regulations for small and big banks. It highlights the role of large banks in the global economy and the challenges of navigating policy reforms in Washington. The conversation also touches on the complexities of tax reform and the importance of maintaining a competitive financial services industry.

In what ways does the speaker suggest that the banking system has changed over the years?

What challenges does the speaker identify regarding tax reform?