Atlanta Federal Reserve President Dennis Lockhart: U.S. regulators should intensify monitoring of shadow banks

Market news

20 March 2015

Atlanta Federal Reserve President Dennis Lockhart: U.S. regulators should intensify monitoring of shadow banks

The Atlanta Federal Reserve President Dennis Lockhart said on Friday that U.S. regulators should intensify monitoring of shadow banks. He added that too much regulation could hurt economic growth.

"Shadow banking activity is large, growing, and opaque," he noted.

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