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Fed official reiterates call to relax some banking regulations.

Global Banking News-June 26, 2017--Fed official reiterates call to relax some banking regulations

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Global Banking News - 26 June 2017

A Fed official has reiterated his call to relax some banking regulations.

At an event in Austria, Federal Reserve governor, Jerome Powell, said, 'There is room for eliminating or relaxing aspects of the implementing regulation in ways that do not undermine the Volcker rule's main policy goals.'

Powell had made a similar remark to Congress last week.

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Publication:Global Banking News (GBN)
Date:Jun 26, 2017
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