Kevin Warsh Says 'I Have Failed,' Admitting That He Neglected Bank Supervision in First 148 Days
Fed Chair Kevin Warsh admits he neglected bank supervision in his 148 days, promising to shift focus to regulation in his next 100 days.
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Why It Matters
The new Fed leader says he did not watch banks closely enough. Now he plans to pay more attention to keeping banks safe and fair.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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