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Truist, US Bancorp chiefs say long-term debt requirement would harm lending

By Neil Roland
  • 21 Sep 2022 20:45
  • 21 Sep 2022 21:28
The heads of Truist and US Bancorp said a long-term debt requirement for regional banks that’s under consideration by federal regulators could harm lending to businesses and households.

“Regulation ought to be tailored and follow the risk of individual institutions,” Truist Chief Executive William Rogers told the House Financial Services Committee today. “Additional

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