Sen. Brown: Regulators Too Cozy With Wall Street Banks

The transcript discusses the regulatory environment at the New York Fed, highlighting concerns about their focus on monetary policy over safety and soundness. Bill Dudley's role is evaluated, with expectations for stronger capital requirements and more aggressive actions on Wall Street's nonbank interests. The potential for changes in the Fed's regulatory role with a new Congress is explored, emphasizing the risks of deregulation and the lessons from the financial crisis.

In what ways does the speaker believe the current regulatory environment is failing the public?

What does the speaker identify as the reasons for the financial crisis six years ago?