Bowman: Proposals Aim to Bring Lending Back Into Banking System -- Market Talk
Dow Jones03-20 23:19
1119 ET - Michelle Bowman, the Fed's vice chair for supervision, said her proposed modernization of bank regulation aims to push activity back into banks. After the Dodd-Frank law, she says "we've seen a lot of business that's traditional banking activity exit into the non bank space, and this is one way for us to recalibrate that," on Fox Business. America's biggest banks would be allowed to hold billions of dollars less in capital on their books under proposals unveiled Thursday, easing rules put in place after the 2008 financial crisis that were meant to help shield against meltdowns. (jessica.coacci@wsj.com; @jessica_coacci)
(END) Dow Jones Newswires
March 20, 2026 11:19 ET (15:19 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
