Bank of America CEO Brian Moynihan recently reflected on the challenges of leading the bank during the financial crisis, likening the experience to 'building a plane while flying' amid a wave of mergers. He emphasized that the fundamental changes following the 2008 financial crisis have forced banks to adapt, raising questions about whether current financial regulations genuinely protect consumers or merely introduce new challenges. In related discussions, FDIC Chief Martin Gruenberg warned of a potential 'high price' for reducing bank regulations, highlighting concerns about the implications of such changes on financial stability. This month marks 15 years since Moynihan became CEO, a period that has seen significant transformations in the banking landscape.