Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Thursday, November 14, 2013

Yellen to Endorse Limiting Reg Burden for Community Banks

Janet Yellen, vice chair of the Federal Reserve and President Obama’s nominee for Fed chairman, will call for limiting community banks' regulatory burden during her Senate confirmation hearing.

“I believe that capital and liquidity rules and strong supervision are important tools for addressing the problem of financial institutions that are regarded as ‘too big to fail,’” Yellen will say in her testimony. “In writing new rules, however, the Fed should continue to limit the regulatory burden for community banks and smaller institutions, taking into account their distinct role and contributions.”

Yellen’s testimony will also address the Fed’s performance on monetary policy, economic growth and responding to the financial crisis.

Read the testimony.

No comments:

Post a Comment

Please read our comment policy before making a comment.