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Powell: Fed ‘Not Looking to Raise Capital Standards During Crisis’

June 30, 2020 at 09:44PM

Testifying before the House Financial Services Committee today, Federal Reserve Chairman Jerome Powell again emphasized the strong position of the financial sector going into the COVID-19 pandemic and noted that banks have performed well in their response to the crisis.

The post Powell: Fed ‘Not Looking to Raise Capital Standards During Crisis’ appeared first on ABA Banking Journal.

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