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Federal Reserve Chair Jerome Powell recently convened a private meeting with top banking CEOs, including JPMorgan CEO Jamie Dimon and other big-bank CEOs, to discuss the Biden administration's landmark capital proposal. Powell urged the CEOs to collaborate with the Federal Reserve to prevent a protracted legal battle over the proposal. This initiative underscores Powell's effort to achieve industry consensus on the significant financial overhaul. The meeting highlights the ongoing dialogue between the Federal Reserve and major financial institutions regarding regulatory changes.
I wonder if Jeff Bezos knows yet? Better host another extravagant January 2020 party where Jerome Powell "doesn't talk to anybody" 😉 https://t.co/JsSP1wn4Yf https://t.co/BLqXhHSnTE
This week, we learned that Federal Reserve Chair Jerome Powell held a private meeting with Jamie Dimon and other top bank CEOs. Since assuming his role in 2018, Jerome Powell has had private conversations with JPMorgan CEO Jamie Dimon at least 19 times. I wonder if Powell’s… https://t.co/1Bo0wKsHFP
Federal Reserve Chair Jerome Powell met with top bank CEOs, urging them to collaborate with the Fed to avoid a lengthy legal battle over the Biden administration’s capital proposal. This meeting signals Powell's push for industry consensus on this significant financial overhaul.…
