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Legislators press Powell on Fed policies, financial stability
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Banking, Financial Stability
Friday, July 20, 2018
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Federal Reserve Chairman Jerome Powell gave an optimistic view of the economy and stated that an activity-based regulatory plan for regulating systemically-important financial institutions is “in the works,” during his semi-annual monetary policy report to Congress.
Powell spoke before the Senate Banking Committee on July 17 and the House Financial Services Committee the following day.
Find out details about what insight he offered relevant to the financial industry.
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