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Federal Reserve Chair Urges Strong Capital Buffers to
Published : 2023-06-30 - Duration : 00:47 - View : 15
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Chair Powell emphasizes need for robust supervision and regulation to prevent bank failures, such as Silicon Valley Bank and two other midsize lenders. Acknowledges criticism of Fed's easing of oversight, and expresses willingness to evaluate and implement changes. Failures due to mismatch between assets and liabilities, with supervisors failing to...
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