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Fed’s top banking cop looks to unveil new regulations, with focus on mortgage lending
Yahoo Finance· 2026-02-26 18:28
The Federal Reserve’s top banking cop told the US Senate on Thursday that she’s looking to unveil retooled bank regulations before the end of March, with a focus on boosting mortgage lending. Fed Vice Chair of Supervision Michelle Bowman, testifying before the Senate Banking Committee, said the central bank has arrived at a consensus with other regulators on Basel III, a regulatory framework for banks developed in response to the financial crisis. Bowman said it will include a retooling of capital require ...