The Regulatory Charade: Better Markets Sues Federal Reserve Over Alleged Secret Deals with Big Banks
In a landmark legal challenge that threatens to upend the current overhaul of U.S. banking regulations, the non-profit advocacy group Better Markets has filed a bombshell lawsuit against the Federal Reserve Board and its vice chair for supervision, Michelle Bowman. The suit, filed in the U.S. District Court for the District of Columbia, alleges that…
