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Fed's Brainard Backs Light Touch For Small Banks On Climate

By Jon Hill (January 13, 2022, 9:09 PM EST) -- A key Biden nominee for a top Federal Reserve post sought at her confirmation hearing on Thursday to present herself as a moderate on climate-related oversight, defending it as part of the central bank's job to watch out for financial system "tail risks" but not something that should be burdening smaller banks....

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