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Fed Plans To Ease Oversight For Large Banks
The post Fed Plans To Ease Oversight For Large Banks appeared first on Coinpedia Fintech News The Fed is preparing to raise asset thresholds that trigger tougher bank regulation, according to Reuters. The highest…
· 1 min read · 141 words · via Coinpedia
Wire briefing
The post Fed Plans To Ease Oversight For Large Banks appeared first on Coinpedia Fintech News The Fed is preparing to raise asset thresholds that trigger tougher bank regulation, according to Reuters. The highest threshold could rise from $700 billion to around $960 billion, while some requirements currently starting at $100 billion could shift closer to $150 billion. The changes would give regional banks more room to grow without added regulatory …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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