Fed’s Barr Warns of Risks Tied to Looser Wall Street Bank Rules

Federal Reserve Governor Michael Barr criticized moves from regulators over the past year to relax the rules for US lenders, saying the proposals “considerably weaken bank regulation and supervision.” Federal Reserve Governor Michael Barr criticised moves from regulators over the past year to relax the rules for US lenders, saying the proposals “considerably weaken bank regulation and supervision.”...