Abstract: Federal regulators want to raise capital requirements for big banks. Their plan is drawing criticism from groups that aren’t normally aligned with the industry.
Lead Paragraph:
An unlikely coalition of banks, community groups and racial justice advocates is urging federal regulators to rethink the plan they proposed in July to update rules governing how U.S. banks protect themselves against potential losses.
Source: The New York Times
Category: Business
Sub Category:
2024-01-18T10:01:52+0000
By Emily Flitter