Minneapolis Fed president Neel Kashkari said that while he still believes some major banks are indeed too big to let die, TBTF itself runs the risk of laying the burden of financial risk back in the laps of taxpayers.
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Federal Reserve Bank of Minneapolis Names New President & CEO
The Federal Reserve Bank of Minneapolis announced today that Neel Kashkari has been named the company’s 13th president and chief executive officer, effective January 1, 2016. Current President and CEO Narayana Kocherlakota will end his tenure on December 31, concluding a five -ear run as head of the Federal Reserve Bank of Minneapolis.
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