The Federal Reserve said a yearlong review of its supervision of large banks showed the vast majority of its staff feel empowered to express opposing viewpoints, but it promised to establish a more formal process for airing those views. The review was launched a year ago amid accusations that its internal culture stifled differing opinions among bank supervisors. The introspection is the latest response to criticism that the central bank is too close to the large financial firms it oversees. The perception that the Fed is "captured" by big banks was prevalent after the 2008 financial crisis. It flared up again last ... (full story)