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Bowman: Responsive and Responsible Bank Regulation and Supervision
It is a pleasure to be with you here in Salzburg. Bank regulators, particularly in the United States, have come to an inflection point where we are again taking stock of the reforms implemented after the 2008 financial crisis and evaluating whether these reforms have proven to be sufficient. One justification for pushing these reviews forward has been the recent stress in the banking system. The regulatory framework has evolved substantially since the 2008 financial crisis. The regulatory landscape has become more restrictive, with large increases in capital and liquidity requirements, and other post-crisis reforms ... (full story)
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FED'S BOWMAN: I AM CONCERNED THAT NEW CAPITAL REQUIREMENTS COULD UNNECESSARILY HINDER BANK LENDING AND DIMINISH COMPETITION.
— Breaking Market News (@financialjuice) June 25, 2023