Fed boosts focus on liquidity, other risks as economy weakens–Barr

Michael Barr, the Federal Reserve’s top regulatory official, said Monday the U.S. central bank is watching for any stresses to the financial system amid a weakening economy, and signaled that stiffer oversight of cryptocurrency is in the offing. The Fed “will be heightening its focus on liquidity, credit, and interest-rate risks as supervised institutions manage … Continue reading Fed boosts focus on liquidity, other risks as economy weakens–Barr