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Fed Official Balks At 'Radical Reform' Of Bank Rules After SVB

By Jon Hill ( May 12, 2023, 7:47 PM EDT) -- Federal Reserve Gov. Michelle Bowman called Friday for policymakers to resist the urge to ratchet up bank safety-and-soundness standards following the downfalls of Silicon Valley Bank and other regional banks, arguing their failures don't justify piling additional rules on such institutions....

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