On the recordMay 15, 2023
I think the reason why both reports conclude that the Fed failed to adequately escalate is because the Fed itself is delaying implementation of the enhanced supervisory standards.
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congress.govPat McHenry: “I think the reason why both reports conclude that the Fed failed to adequately escalate is because the Fed itself is…”
Editor's note · Context
Attributes the Fed's failure to escalate actions to delays in implementing supervisory standards.
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