Part 3/8:
The discussion turns to whether banks can navigate the delicate balance of loosening regulations without triggering another housing crisis. Matt Frankel, a financial expert in the conversation, articulates a nuanced perspective. While he supports responsible deregulation, he points out significant changes that have already taken place. For instance, the threshold defining a systemically important financial institution has been raised from $50 billion in assets to $250 billion, impacting a considerable number of banks by alleviating their regulatory burdens.