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A Policy Prescription for Structural Reform

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by A New Way Forward

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The policy prescription: BREAK UP THE TOO BIG TO FAIL BANKS. The too big, too complicated banks must be broken up with strong, new regulatory and antitrust rules in place. No financial institution should be allowed to grow so complicated that they can continue to dominate our politics and and get away with risky and predatory practices. Any bank that's "too big to fail" is too big for a free market to function.