Banks Can Expect Continued Scrutiny Under New Fed Chair

Law360, New York (October 11, 2013, 7:14 PM EDT) -- When Janet Yellen takes the lead at the Federal Reserve, big banks will remain on a tight leash as the new chairman plans to focus on reining in their size, riskiness and the ways they fund themselves, observers say.

Yellen, currently the Fed's vice chairman, has not spoken often on financial regulatory policies, instead focusing the bulk of her public speeches on how monetary policy tools can be used to boost the still struggling economy and ease elevated unemployment rates.

But when Yellen has ventured into...
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