Federal Reserve proposes easing regulations for larger banks

Federal Reserve proposes easing regulations for larger banks
The Federal Reserve this week proposed the idea of easing regulations on larger financial institutions and announced it is seeking public comment on the issue. The Fed recently proposed four new tiers of regulation for banks with more than $100 billion in assets to ease compliance requirements for banks with less risk. Banks deemed to have the lowest risk would be able to skip out on annual stress tests and reduce other requirements.
Source: https://www.housingwire.com/rss