Former Federal Reserve Governor Daniel Tarullo, speaking at an event in Washington on Tuesday, said the agency is engaging in “low-intensity deregulation” that is sometimes easy to miss even as it weakens the banking system’s resiliency. He cited the Fed’s changes to stress testing -- backing off some key requirements while making the process more transparent -- as a prime example of steps to undermine the proposals he laid out as he left the central bank in 2017.
LINK
No comments:
Post a Comment