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On December 2, 2016, Federal Reserve Board Governor Tarullo gave a speech defending post-financial crisis efforts to strengthen regulation governing the financial system.
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On December 2, 2016, Federal Reserve Board Governor Tarullo gave
a speech defending post-financial crisis efforts to strengthen
regulation governing the financial system. Governor Tarullo also
criticized recent Republican legislative regulatory reform
proposals, including the Financial CHOICE Act's proposal to
raise the leverage ratio of banks to 10% in return for relief from
many other prudential requirements, including risk-based capital
requirements.
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