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Fed's Bowman Says Bank Supervision Preferable to Capital Rules.
- Source :
- Bloomberg.com; 6/25/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Federal Reserve Governor Michelle Bowman said US banks need better supervision rather than higher capital requirements because they could stunt lending and competition, and she repeated her calls for an independent review of recent bank failures. Bowman renewed her call for an independent third party to examine recent US bank failures and criticized internal efforts by the Fed to investigate the issues. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 164486815