Federal Reserve backslides on protections put in place after meltdown

 

Source: Jeanna Smialek, Peter Eavis and Emily Flitter, New York Times ( Paid Registration )

WASHINGTON—A decade after big banks needed government support to dig out of the financial crisis, the Federal Reserve is slowly, but steadily, making a series of regulatory changes that could chip away at new requirements put in place to prevent a repeat of the 2008 meltdown.

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