Fed a natural for systemic-risk role: Tarullo
The expansion of Federal Reserve's ambit to include regulation of systemic risk would be an incremental and natural extension of the central bank's existing supervisory and regulatory responsibilities, said Daniel Tarullo, a governor of the Fed.
Tarullo said it would reflect the important relationship between financial stability and the roles of a central bank. He also said that an effective and comprehensive agenda for addressing systemic risk would also require new responsibilities for other
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