Elizabeth Warren calls Fed chair Jerome Powell a 'dangerous man' for supporting this regulation that would decrease controls over JP Morgan, Bank of America and Citibank, among others
Briefly

The revised bank capital standards are a Wall Street giveaway ... increasing the risk of a future financial crisis and keeping taxpayers on the hook for bailouts,
The initial proposal unveiled last year would have increased capital requirements of banks larger than $250 million by 19%-money that would otherwise be available to invest in other projects or loaned out to businesses and individuals.
Read at Fortune
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