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GOP lawmakers urged the Fed to “efficiently, yet thoroughly,” review banks’ applications to receive certain types of capital treatment on credit-linked notes.

Powell talks Basel, Basel and more Basel

Federal Reserve Chair Jay Powell got a lot of practice this morning answering lawmaker questions about Basel III capital reform.

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Presented by The Electronic Payments Coalition

Millions of Americans love using their credit cards and rely on them for rewards that help cover gas, groceries, and travel. The Durbin-Marshall Credit Card Bill puts these rewards in jeopardy. Congress: oppose the Durbin-Marshall Credit Card Bill!

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