Fed's Bank Capital Plan Needs Substantive Changes, Bowman Says
(Bloomberg) -- Federal Reserve Governor Michelle Bowman said the central bank’s controversial proposal to boost bank capital needs “substantive changes” and the Fed should seek comment on any revised plan, a move that would delay its finalization.Most Read from BloombergStocks Drop as Solid Retail Sales Lift Bond Yields: Markets WrapMusk Pressures Tesla’s Board for Another Massive Stock AwardApple to Allow Outside Payments for Apps After US DecisionChina’s Economic Growth Disappoints, Fueling St
Source: yahoo.com
