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Summers: Too big to fail still is an issue and concern

Thursday, 24 Oct 2013 | 4:38 PM ET

Former director of the National Economic Council Larry Summers says deregulation and regulation should be looked at issue by issue. "Dodd-Frank has accomplished a great deal," he says. And when asked about dropping out of the running for Federal Reserve chair, Summers, says it was the right thing to do for the Fed. He has moved on and is greatly enjoying private life.