On Feb. 22, the Obama administration finally took steps to rein in predatory practices by banks and credit card companies. Did they go far enough? Probably not.

The taboo of small, inconvenient and unknown local banks and credit unions will soon disappear with the rising trend of many Americans moving their savings out of large “Too Big to Fail” banks and into smaller community banks.

Debate and discussion became the center of an economic lecture held by Omid Furutan in the President’s Dining Room on Monday.