New top U.S. banking regulator urges 'fresh look' at rules7 Nov 2017—Reuters
NEW YORK (Reuters) - America’s top financial regulator said on Tuesday “everything is up for a fresh look” as the Federal Reserve considers dialing back some crisis-era banking rules put in place over the last decade, offering hope to Wall Street and Republicans looking to cut red tape.
Randal Quarles, making his first public comments since becoming the Fed’s vice chair for financial supervision this month, said there are some areas such as better tailoring rules to firms’ size that can be...