WASHINGTON — Federal Reserve Board Gov. Daniel Tarullo is not backing a "too big to fail" bill introduced by Sens. Sherrod Brown and David Vitter this week and doesn't plan to, either.
Sens. Sherrod Brown, D-Ohio and David Vitter, R-La. released Wednesday their highly anticipated bill to tackle "too big to fail," which included higher capital standards for the largest institutions and regulatory relief for smaller banks.