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Regional banks want better regulatory framework

Tuesday, October 23, 2018   (0 Comments)
Posted by: Amanda Averch
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Banks with $100 billion to $250 billion in assets are waiting to hear how the Federal Reserve will regulate them but are also lobbying Congress for a better regulatory framework. Changes to the Dodd-Frank Act enacted in May raise the asset threshold for systemically important financial institutions to $250 billion from $50 billion but let the Federal Reserve decide how regional banks are supervised.

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