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Banks are about to be under way less scrutiny

Jacqui Frank,Kara Chin,Joe CiolliNov 17, 2017, 21:06 IST

Business Insider

Michael Collins, the senior investment officer at PGIM Fixed Income, discuss newly appointed Fed chair Jerome Powell. He highlights the role the Fed plays in regulating the banks, and says that will be one of the major changes under the new regime, with oversight likely being reduced.