EU officials are considering easing financial regulation in response to competition and a changing relationship with the US.
Dominique Laboureix and Frank Elderson warn against lowering financial protections for the sake of short-term stimulus, citing potential crises and less growth.
Laboureix highlights the importance of not repeating the mistakes of the 2008 crisis and the necessity of maintaining financial stability.
Elderson emphasizes the need to balance competitiveness with strong regulation and supervision to prevent potential negative consequences.