The fact that Powell said he wouldn't talk about the SLR issue at the post-FOMC press briefing was a sign that the Fed would bow to the wishes of the large bank detractors in Congress and let the exemption expire.
The fact that Powell said he wouldn't talk about the SLR issue at the post-FOMC press briefing was a sign that the Fed would bow to the wishes of the large bank detractors in Congress and let the exemption expire.
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