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U.S. banks can withstand $708B in losses

Federal Reserve Board Governor Michelle Bowman, U.S. President Donald Trump’s nominee to be Federal Reserve vice chair for supervision, testifies before a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 10, 2025.  Kevin Mohatt | Reuters The biggest U.S. banks would be able to absorb more...
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