Powell: The Federal Reserve is open to hearing new ideas and feedback on how to improve the capital framework for large banks
ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated that the Federal Reserve is a vibrant institution, willing to listen to new ideas and feedback on how to improve the capital framework for large banks.
He also indicated that large banks should be allowed to compete freely, including with non-bank institutions and banks from other jurisdictions.
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