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Ep. 1763 - ‘The View’ Throws A Baby Under The Bus
The Ben Shapiro Show
The Fed's Plan to Strengthen Financial Cushions for Larger Banks
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The Federal Reserve's regulatory chief has outlined steps to strengthen the financial cushions for larger banks. The reason they're having to require that people hold more cash in the banks is because the banks invested in American bonds. Earnings nationwide rose 5.4 percent on average between the first quarters of 2022 and 2023, but way less in New York, California, Connecticut, Rhode Island, Maryland, and Illinois. Meanwhile, earnings in the same period surge in North Dakota, almost 10 percent, New Mexico, Nevada, Florida, Nebraska, Hawaii, South Carolina, Alaska, and Texas.
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