Friday, October 30, 2015

NPR Business News: Federal Reserve Proposes New Bailout Rules To Remove Taxpayer Burden

Federal Reserve Proposes New Bailout Rules To Remove Taxpayer Burden
The new rules would help ensure that if a big bank were to fail, the costs of its bailout would not fall on taxpayers. Long-term bonds could provide a cushion of capital to cover losses.

Read more on NPR

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