The Fed Simplifies Capital Rules, a Change Sought by Big Banks
The central bank will streamline how bank capital requirements are set, despite objections by a Fed governor who said the move would lower the amount of cash banks keep on hand.
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The Fed Simplifies Capital Rules, a Change Sought by Big Banks
The central bank will streamline how bank capital requirements are set, despite objections by a Fed governor who said the move would lower the amount of cash banks keep on hand.