Federal Reserve proposes new capital rules for Wall Street

[gdale6]

• The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce their capital reserves.
• The largest Wall Street banks are not likely to get such relief, the Fed said.
• The new rules would be the first reform of capital standards conceived after the financial crisis.

https://www.cnbc.com/2018/04/10/federal-reserve-proposes-new-capital-rules-for-wall-street.html

[Anonymous]

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@gdale6 wrote:

• The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce their capital reserves.
• The largest Wall Street banks are not likely to get such relief, the Fed said.
• The new rules would be the first reform of capital standards conceived after the financial crisis.

https://www.cnbc.com/2018/04/10/federal-reserve-proposes-new-capital-rules-for-wall-street.html

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Does the FED want to strangle the eco?...

[silvius]

When banks are allowed to take on more risk, it makes me feel warm and comfy.    They have shown that they can handle this before, right?   Wait.....