New York (CNN Business) Joe Biden should not pick Elizabeth Warren to be his Treasury secretary if he wins the White House, former Democratic Congressman Barney Frank told CNN Business. Dodd-Frank, 10 years laterIf Biden wins, Frank does not anticipate a push to impose a significant amount of financial regulation. That was because of regulations put in place after the Great Financial Crisis," said Constance Hunter, chief economist at KPMG. That doesn't mean a financial crisis still can't happen. "If the pandemic caused a financial crisis, it won't be because of anything specific to the structure of financial institutions or regulation," Frank said.
Source: CNN July 19, 2020 12:11 UTC