Banks, at Least, Had a Friend in Geithner

Back in 2010, Senator Sherrod Brown, Democrat of Ohio, and Mr. Kaufman were co-sponsors of the Safe Banking Act, which proposed placing tough limits on banks' size. If it had passed, it would have imposed a strict 10 percent cap on any bank holding company's share of United States deposits and set a 6 percent limit on leverage...

But it was not to be. Among the bill's most aggressive opponents was, yes, the Treasury.