ICBA - Too Big To Fail
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Issue Areas

There are four main issues when it comes to ending too-big-to-fail: systemic risk, market impact, too big to jail and taxpayer exposure. By removing the explicit government backstop for the largest financial firms, it will help ensure that taxpayers are not on the hook for Wall Street risk taking. Learn more about advocacy efforts (link to Advocacy tab) that ICBA is taking part in to help ensure taxpayers aren’t punished for Wall Street’s bailout behavior.

“The too-big-to-fail status of the megabanks contributes to risky behavior on Wall Street, distorts financial markets and puts taxpayers at risk. It also has a direct impact on community banks and the communities they serve by causing stricter regulations across the banking industry, which diverts resources away from Main Street and toward regulatory red tape,” said ICBA Chairman Bill Loving, president and CEO of Pendleton Community Bank in Franklin, W.Va.

Systemic Risk
Market Impact
Too Big to Jail
Taxpayer Exposure

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