Key U.S. bank regulators say they’re ready to soften rules

JAY POWELL, GOVERNOR of the U.S. Federal Reserve. / BLOOMBERG FILE PHOTO/T.J. KIRKPATRICK
JAY POWELL, GOVERNOR of the U.S. Federal Reserve. / BLOOMBERG FILE PHOTO/T.J. KIRKPATRICK
NEW YORK - Top U.S. banking regulators are sprinting to ease the Volcker Rule, stress tests and other constraints on Wall Street after the Trump administration issued a long list of proposals last week for rolling back post-crisis financial rules. Federal Reserve Governor Jerome Powell and acting Comptroller of the Currency  Keith Noreika told lawmakers Thursday…

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