"The Fed said in a statement on its website that it planned to propose new liquidity rules at its October 24 board meeting. During the financial crisis, some banks got into trouble because they did not have enough liquid assets on hand to endure temporary funding freezes. Liquidity requirements would aim to prevent a repeat of this by forcing banks to hold minimum amounts of assets that could be sold relatively quickly in a crunch."
"The proposed rule is on the agenda for the Oct. 24 meeting, which was released Thursday. The proposal is part of a world-wide effort to push banks to hold more assets that can easily be converted into cash in times of market stress. [ ... ] Itís possible the Fed, which regulates the largest U.S. banks, could go beyond what the Basel group endorsed. On other matters, such as capital requirements, the Fed has signaled it wants U.S. banks to meet tighter standards than the international consensus."
.............>>> A Normie's Guide to the Alt-Right <<<.............
Following condemnations by Hillary Clinton, everyone in the world is now trying to define exactly what the Alt-Right is. Most of them are getting it wrong.