July 22, 2024 7:48 pm

The premier news source for Snohomish County

Major US banks considering legal action against federal regulators

capital requirements

WASHINGTON, D.C.—First reported by Semafor on January 11, Bank Policy Institute (BPI), a nonpartisan public policy and advocacy group representing the nation’s leading banking institutions, is gearing up to sue U.S. regulators over proposed rules that would increase capital reserve requirements on banks with total consolidated assets of at least $100 billion. The changes would […]

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