Is it just me or am I missing something? At a time when banks are failing at record numbers, the administration (excepting the Treasury) wants to make it even tougher for banks to survive by regulating them more and taxing them at higher rates.
AP reports, January 22, 2010: "Regulators shut down banks Friday in Florida, Missouri, New Mexico, Oregon and Washington, bringing to nine the number of bank failures so far in 2010, following 140 closures last year in the toughest economic environment since the Great Depression."
