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Wednesday, June 19, 2024

Sen. Dodd: systemic risk role could harm Fed

WASHINGTON (Reuters) - U.S. Senate Banking Committee Chairman Christopher Dodd said on Tuesday making the Federal Reserve a "systemic risk" regulator could put the central bank's independence at risk.
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WASHINGTON (Reuters) – U.S. Senate Banking Committee Chairman Christopher Dodd said on Tuesday making the Federal Reserve a “systemic risk” regulator could put the central bank’s independence at risk.