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Big banks are under pressure after Federal Reserve Vice Chair for Supervision Michael Barr revealed updated capital requirement regulations for banks in a speech on Tuesday morning. The updated proposal dramatically scales back the proposed capital requirements for banks.
Market Domination Hosts Julie Hyman and Josh Lipton report more on the story and dig into some of the headwinds facing the sector.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Melanie Riehl