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Pete Schroeder

Fed's Quarles says pandemic stresses highlighted fragility in nonbanks

20 Oct 2020

WASHINGTON U.S. Federal Reserve Vice Chair Randal Quarles said Tuesday that the market stresses created by the coronavirus pandemic showed the nonbank financial system is "significantly more fragile" than its traditional counterpart.

U.S. banking regulators set to finalize new net stable funding ratio for large banks

20 Oct 2020

WASHINGTON A trio of U.S. banking regulators are set to move Tuesday on finalizing a pair of long-running rulewriting projects aimed at ensuring banks have enough liquidity while minimizing volatility.

Factbox: What a Joe Biden win could mean for financial policy

20 Oct 2020

WASHINGTON While Democratic presidential nominee Joe Biden is unlikely to prioritize a financial industry crackdown if he wins on Nov. 3, he is expected to take a much tougher line than Trump and his former boss President Barack Obama.

Pandemic expected to push poorer Americans out of banking system: regulator

19 Oct 2020

WASHINGTON Many poorer Americans will struggle to keep a foothold in the banking system due to economic fallout from the coronavirus pandemic after years of increasing access, a U.S. banking regulator said on Monday.

Pandemic expected to push poorer Americans out of banking system -regulator

19 Oct 2020

WASHINGTON, Oct 19 Many poorer Americans will struggle to retain a foothold in the banking system due to the coronavirus pandemic after years of increasing access, a U.S. banking regulator said on Monday.

Factbox: What a Joe Biden win could mean for financial policy

19 Oct 2020

WASHINGTON While Democratic presidential nominee Joe Biden is unlikely to prioritize a financial industry crackdown if he wins on Nov. 3, he is expected to take a much tougher line than Trump and his former boss President Barack Obama.

Financial system stable 'for now,' but vulnerabilities rising: IMF

13 Oct 2020

WASHINGTON Policymakers' unprecedented response to the global health crisis has contained risks to the financial system, but a prolonged recession or policy missteps could ignite growing vulnerabilities worldwide, the International Monetary Fund warned on Tuesday.

Financial system stable 'for now,' but vulnerabilities rising - IMF

13 Oct 2020

WASHINGTON, Oct 13 Policymakers' unprecedented response to the global health crisis has contained risks to the financial system, but a prolonged recession or policy missteps could ignite growing vulnerabilities worldwide, the International Monetary Fund warned on Tuesday.

Fauci says his remarks were taken out of context in Trump ad

13 Oct 2020

WASHINGTON Top U.S. infectious diseases expert Dr. Anthony Fauci said on Sunday he had not agreed to be featured in an ad by President Donald Trump's re-election campaign and that his comments were taken out of context. | Video

Fauci says his remarks were taken out of context in Trump ad

12 Oct 2020

WASHINGTON, Oct 11 Top U.S. infectious diseases expert Dr. Anthony Fauci said on Sunday he had not agreed to be featured in an ad by President Donald Trump's re-election campaign and that his comments were taken out of context.

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