"Jerome Powell Urges Stronger Bank Regulation and Supervision Amid Recent Failures"

1 min read
Source: The Wall Street Journal
"Jerome Powell Urges Stronger Bank Regulation and Supervision Amid Recent Failures"
Photo: The Wall Street Journal
TL;DR Summary

Jerome Powell, the Chairman of the Federal Reserve, emphasized the importance of stronger regulation and supervision in the banking sector, citing recent bank failures as evidence. Powell highlighted the need for robust oversight to ensure financial stability and prevent future crises.

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