Financial Services Financial Services

Comment: Tarullo, ex-US Fed architect of bank stress tests, says 'reluctantly' that his regime should be changed

By Neil Roland
  • 04 Jun 2024 21:07
  • 04 Jun 2024 21:07
Daniel Tarullo, the architect of bank stress tests after the 2008 financial crisis, says “reluctantly” that the regime should be modified due to an aggressive bank lobby, anti-regulatory courts and a “bureaucratic” Fed that can’t keep pace with a changing economy.
As the Fed’s vice chairman for supervision during the

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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