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Fed's Barr Defends Long-Term Debt Mandate For Big Banks

By Jared Foretek ( February 20, 2025, 9:51 PM EST) -- The Federal Reserve's chief bank regulator said Thursday that the country's financial system was "sound and resilient" but warned of increased risks if post-financial crisis reforms aren't maintained and finished, specifically arguing for the implementation of Basel III Endgame rules on liquidity standards and debt requirements....

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