Published Jul 13, 2026, 5:25 AM ET · Updated 4 months ago · 1 source

Fed’s Bowman Urges Global Financial Watchdog to be Flexible

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Fed’s Bowman Urges Global Financial Watchdog to be Flexible

The Federal Reserve’s top bank cop warned the Financial Stability Board against enforcing “strict rules” that are not suitable for a diverse group of countries, saying those efforts can erode the international watchdog’s effectiveness.