KenLazer on Nostr: Federal Reserve proposes rules reducing by about half the amount of extra capital ...

Federal Reserve proposes rules reducing by about half the amount of extra capital banks will be required to have on hand following threat of litigation; updated rules will be finalized in coming months, were developed in response to 2008 financial crisis.

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https://www.cnbc.com/2024/09/10/federal-reserve-unveils-new-banking-regulation-in-wall-street-victory.html?utm_source=join1440&utm_medium=email&utm_placement=newsletter