Waters and 18 legislators demand Federal Reserve continue to regulate megabanks

Waters and 18 legislators demand Federal Reserve continue to regulate megabanks
This week, members of Congress demanded the Federal Reserve maintain strong capital requirements for Global Systemically Important Banks. Ranking Member of the House Committee on Financial Services Maxine Waters, D-Calif., and Ranking Member of the House Committee on Financial Services Subcommittee on Terrorism and Illicit Finance Ed Perlmutter, D-Colo., led the charge.
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