General

Biden’s likely Fed pick could change tone on climate risk, capital rules

Sarah Bloom Raskin, reportedly the Biden administration’s top candidate for vice chair of supervision, would toughen the Federal Reserve’s stances on the role of banks in combating climate change, capital requirements, the Volcker Rule and other policy areas, experts say.

Read the full article at: www.americanbanker.com

The post Biden’s likely Fed pick could change tone on climate risk, capital rules appeared first on LendIt Fintech News.

Related posts

Brazilian neobank giant Nubank reports “strongest quarter” in history as bags 5.7 million customers

admin

UK financial services and markets bill gets second reading

admin

Podcast #88: Ron Benegbi of Uplinq

admin