Cohn points finger at clearing houses as the 'next problem'

Gary Cohn
By Ross Lancaster
19 Oct 2017

Director of the National Economic Council Gary Cohn has singled out clearing houses as “the next problem” that the financial industry will have to confront.

During a week on the conference and interview circuit, Cohn voiced his concerns about clearing houses (CCPs) at a Group of 30 seminar in Washington on Sunday and again at an American Banker Association conference in Chicago on Monday.

“We have fallen in love with the use of ...

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