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" ... Given the worldwide breakthrough in trust, flexibility and productivity, it is unwise to try to reregulate patterns into an inflexible format. Even were it astute from a business standpoint, it is likely to be unsuccessful. The pandemic changed people’s lifestyles. Children are picked up from school where once they would have been in daycare. Groceries are delivered to the door rather than hauled from the store. Dogs are exercised and loved rather than confined until 6pm. ... "
" ... On the other hand, although we did begin to seriously reregulate both the real and shadow banking sectors with Dodd-Frank, we have failed to execute the new regulations, due largely to a dysfunctional Congress refusing to appropriate the funds needed to write the new rules and have them enforced. ... "