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Johnson and Kwak call to break up the banks, to impose hard caps on size, thus eliminating the implicit subsidies provided by the government to TBTF banks.
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Mr. Tarullo did not give an unequivocal, personal backing to a cap on size of banks.
It is in keeping with the Bloomberg administration's approach to combining an increase in density along major corridors with a cap on size along many side streets.
At the very least, a cap on size could stop a dismaying trend of big banks getting ever bigger and more powerful.
Though the LAUSD final offer now also strikes out that clause; it substitutes a new one, which allows it to ignore agreed-upon caps on class size if any one of a whole variety of circumstances occur, including if health benefits or pension costs increase by more than 2percentt, student enrollment declines more than 1percentteacherher shortages occur, etc. etc. etc.
The Republicans want to place caps on the size of jury awards.
The committee rejects sweeping proposals for reform, such as statutory caps on the size of libel damages.
In another setback, senators defeated an amendment that would have imposed caps on the size of big banks.
Mr. Obama has also called for new caps on the size of banks, to limit the damage that a failure could inflict and to promote healthy competition.
Over the objections of Florida's newly re-elected governor, Jeb Bush, voters narrowly approved caps on the size of classes from kindergarten through high school, at a projected cost of up to $27 billion over eight years.
Nides's government-relations team in Washington, along with its counterparts at other Wall Street firms, successfully resisted calls to break up the banks or impose caps on their size.
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