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Banking reforms will help banks and the economy, Fed's Bowman to say in House testimony.
Fed Vice Chair Michelle Bowman will testify on banking regulation reforms before the House Thursday.
KEY POINTS
- Bowman will detail the Fed's progress in updating regulations to balance safety and capital flow.
- Her testimony will clarify how reforms aim to strengthen banks without hindering credit availability.
- This marks the first public update from Bowman on regulatory changes since initial proposals.
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