WASHINGTON — Regulators trying to minimize the impact of too-big-to-fail institutions need to use more metrics, however flawed, to demonstrate progress to the public and Congress, Minneapolis Federal Reserve Bank President Narayana Kocherlakota said Monday in Minneapolis.

"Supervisors and regulators have been made accountable by Congress for ending the TBTF problem," Kocherlakota said in prepared for presentation at a Federal Reserve Bank of Minneapolis workshop. "They need to be able to demonstrate clear progress to the public with respect to that responsibility."

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