Golden Finance reported that Daly of the Federal Reserve called for adjustments to bank regulation in prepared remarks, but did not comment on monetary policy and the economy. It is stated that the cumulative impact of regulations and rules must be considered, and more community banks have expressed that regulations do not work for them.
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Fed's Daly calls for adjustments to bank regulation
Golden Finance reported that Daly of the Federal Reserve called for adjustments to bank regulation in prepared remarks, but did not comment on monetary policy and the economy. It is stated that the cumulative impact of regulations and rules must be considered, and more community banks have expressed that regulations do not work for them.