The Federal Reserve want big US banks to boost their reserves to protect against losses in the face of a financial crisis

Reuters report:

  • If regulators decide the financial system is threatened they could call for banks to hold more "countercyclical capital buffer"
  • The Fed says it'll give banks ample time to save their pennies if such a measure was necessary

More here

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And, here's Yellen fronting her band back in college days (srsly):