Aldo Pignanelli

Respected Academics Reaffirm Safety Of Industrial Banks

Retrieved on: 
Tuesday, August 10, 2021

The conclusions underscore the judgement of accomplished scholars - industrial banks are the safest and soundest financial institutions in the country.

Key Points: 
  • The conclusions underscore the judgement of accomplished scholars - industrial banks are the safest and soundest financial institutions in the country.
  • The bottom line is that the evidence presented indicates no corrective legislative action is needed to deal with industrial banks."
  • "We're grateful that these academics were willing to spend the time and effort in addressing the issue regarding supervision of industrial banks.
  • We look forward to additional discussions about how industrial banks can further provide secure, innovative, credit to Americans," added Pignanelli.