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U.S. Fed is reviewing capital rules, plans 2023 climate tests -new regulation chief

Reuters · Pete Schroeder · last updated

WASHINGTON, Sept 7 (Reuters) — The U.S. Federal Reserve is conducting a “holistic” review of bank capital requirements, plans to perform an analysis of lenders’ climate change financial risks next year, and might impose tougher rules on large regional lenders, its new regulatory chief said on Wednesday.