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Senate urged to increase bank regulation

16 February 2010

A US Senate Committee on Banking, Housing & Urban Affairs has heard that the Federal Reserve (Fed) should be given more powers to regulate banks.

Read more: Fed Daniel Tarullo banks regulation data

A US Senate Committee on Banking, Housing & Urban Affairs has heard that the Federal Reserve (Fed) should be given more powers to enable them to collect data from banks.Daniel Tarullo, memberof the board of governors of the Federal Reserve System has called for legislation to be drafted to improve the ability of...


 

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