FDIC

An officer guards the entrance to the Federal Reserve’s William McChesney Martin Building on March 13, 2023, in Washington, D.C. (Photo by Alex Wong/Getty Images)

Fed’s fault-finding on bank failures could lead to stronger regulations

BY: - May 8, 2023

New banking regulations proposed by federal watchdogs don’t go far enough in countering potential problems, but could help lower bank fees and calm financial markets and nerves, leading to a more stable financial system, according to some economists. The Federal Reserve, FDIC and Government Accountability Office recently released reports blaming mismanagement of risk, including overreliance […]