Sen. Warren calls on Fed's Cook to activate capital buffer tool for banks - report

2 hours ago 1
Fed Chair Jerome Powell Testifies During Senate Hearing On Capitol Hill

U.S. Senator Elizabeth Warren (D-MA) pressed Federal Reserve Governor Lisa Cook to deploy the so-called countercyclical capital buffer tool, warning that President Donald Trump's erratic tariff policies might hinder the banking system and broader economy, according to a media report dated Thursday.

Recommended For You

Read Entire Article