Fed Vice-Chairman Calls For "Bailnable Long Term Debt"

Bank Bail-ins are coming to the United States

"As part of this approach, the United States is preparing a proposal to require systemically important banks to issue bail-inable long-term debt that will enable insolvent banks to recapitalize themselves in resolution without calling on government funding--this cushion is known as a "gone concern" buffer."

Vice Chairman of the Federal Reserve Stanley Fisher

https://smaulgld.com/u-s-plans-to-bail-in-the-banks/