Released: August 20, 2019

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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