WASHINGTON — As Congress works on the financial regulatory reform bill, it should address the too-big-to-fail issue by capping the size of systemically important institutions or breaking them up, Dallas Federal Reserve Bank president Richard Fisher said. 

That approach is the only effective one to end the too-big-to-fail problem, as an enhanced regulation or regulation regime, or even a combination of both, would not be enough to address the issue, Fisher said in remarks prepared for the SW Graduate School of Banking’s 53rd annual keynote address and banquet Thursday night.

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