Middleton & Randazzo on bank capital, bank regulation
At the G20 summit this November, the Federal Reserve will announce new and broader capital requirements for US banks. Erin weighs in. Anthony Randazzo, director of economic research at the Reason Foundation, says according to proposed new regulations, too-big-to-fail US banks might have to issue at least $260 billion of senior unsecured debt as a buffer between equity capital and deposits. Reggie Middleton, CEO of Veritaseum and inventor of Ultracoin, talks about banks and bank shares. And in the Big Deal, Erin and Edward Harrison discuss European stress tests.
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