On the recordFebruary 26, 2018
We think we need the leverage ratio as a high and hard backstop to risk-based capital. We think that the current calibration of the enhanced supplemental leverage ratio is not appropriate.
Source
congress.govJerome Powell: “We think we need the leverage ratio as a high and hard backstop to risk-based capital. We think that the current…”
Editor's note · Context
Powell discusses the need for recalibrating the leverage ratio in banking regulations.
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