On the recordJune 21, 2017
I do not support and we do not support reducing risk-based capital requirements.
Source
congress.govI do not support and we do not support reducing risk-based capital requirements.
Powell asserts his opposition to lowering capital requirements for banks.
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As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.