We advocate using as little government intervention and statutory modification as possible to restructure the largest institutions to a size that is effectively disciplined by both market and regulatory forces.

'I wish to speak to a different kind of repression—the injustice of being held hostage to large financial institutions considered “too big to fail,” or TBTF for short.'

Fisher discusses concerns for the longer-term outlook for the economy and the separate but related problem of the concentration of financial power in the hands of too few institutions.

The solution for ending ‘too big to fail’ is not bigger government but smaller, unsubsidized banking institutions governed by the market discipline of creditors at risk of loss.

Federal Reserve Bank of Dallas President Richard Fisher answers questions that have arisen about the Dallas Fed’s proposal on ending “too big to fail.”

Johnson and Calomiris debate whether to break up big banks—probably the biggest open question remaining since the financial crisis.

At a stroke, the proposed law would force global megabanks such as JPMorgan Chase and Bank of America to become smaller and much simpler -- divorcing high risk activities from plain-vanilla traditional banking.

The dangers of reckless behavior by global megabanks are now understood much more broadly. And Brown-Vitter provides an appropriate road map for addressing some of the core problems and making the financial system significantly safer.

Johnson discusses financial reform, Too Big to Fail, and America’s huge national debt.

The true conservative agenda should be to take government out of banking by making all financial institutions small enough and simple enough to fail.

Too-big-to-fail banks should be made smaller, and preferably small enough to fail without causing global panic.