Kentucky Power Starts Twelfth Street Repairs in Ashland
Kentucky Power Starts Twelfth Street Repairs in Ashland
Fed Eases Bank Capital Rules, Boosts Lending
Federal banking regulators propose easing capital requirements for banks, aiming to boost lending and competitiveness. The changes simplify capital calculations, push banks towards mortgage lending, and reduce requirements for regional banks. The plan, following a failed push to raise capital levels, is welcomed by banks and industry groups but criticized by Senator Elizabeth Warren as risky. The proposals are set to be released next week, with a ninety-day comment period before finalization.
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