September 28, 2016

2016-09-28T19:47:48-04:00

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Federal Reserve Chair Janet Yellen testified at a hearing on the central bank’s oversight responsibilities for the nation’s financial institutions. She talked about the proposed changes being considered for the annual stress tests given to banks and the Fed’s role in seeing that U.S. lenders are complying with banking rules following the Wells Fargo scandal in which as many as 2 million unauthorized customer accounts were opened.

Federal Reserve Chair Janet Yellen testified at a hearing on the central bank’s oversight responsibilities for the nation’s financial… read more