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🔓 Fed Proposes Rule to End "Reputation Risk" as a Factor in Bank Oversight

The Federal Reserve has proposed a new rule that would remove "reputation risk" from its supervisory framework. This would prevent regulators from pressuring banks to sever ties with legal but disfavored sectors, including crypto businesses, according to CoinDesk.

🔓 Fed Proposes Rule to End "Reputation Risk" as a Factor in Bank Oversight

The Federal Reserve has proposed a new rule that would remove "reputation risk" from its supervisory framework. This would prevent regulators from pressuring banks to sever ties with legal but disfavored sectors, including crypto businesses, according to CoinDesk.