"I was disturbed by Powell's testimony... when he said that he expects the final Basel endgame rule to have 'broad support among the broader community of commenters on all sides.' That's a dangerous standard, because it sets the Fed up to bend to banks' will."
"Although it's not unusual for Powell or other Fed governors to meet with the panel of top bank CEOs, the discussion is the latest sign that he's using his influence to try to get consensus from the industry and Fed governors."
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