ST. LOUIS — Jim Bullard, the president of the Federal Reserve Bank of St. Louis, is better known for his monetary policy positions, but he is joining the chorus of policymakers arguing that the biggest banks are too big.

In an interview at his office here, Bullard says the "too big to fail" debate is too focused on raising capital standards.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.