25-08-2017 16:49 via ocregister.com

Yellen: Any changes to financial reform rules should be modest

Federal Reserve Chair Janet Yellen said any rollback of post-crisis financial reforms should be ‘modest’ because they’ve made the banking system safer and more resilient without unduly diminishing the supply of credit to the economy.
Yellen, speaking Friday in Jackson Hole, Wyo., issued her broadest defense so far of the government’s response to the 2008 financial-market meltdown while outlining some areas that regulators could review to improve efficiency in the financia
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