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The Fed is overhauling standards for large-bank examiners

This follows criticism by lawmakers that the agency has been captured by the Wall Street firms it supervises

Washington

THE Federal Reserve said it's setting tougher standards for examiners of the biggest US banks, following criticism by lawmakers that the agency has been captured by the Wall Street firms it supervises.

The planned changes include creating a formal process for examiners...

sentifi.com

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