FDIC Chair Hill Rejects Barr’s Warning on Bank Rules

Federal Deposit Insurance Corporation Chairman Travis Hill says he “fully” disagrees with Federal Reserve Governor Michael Barr’s warning that recent regulatory changes could weaken bank safety and soundness, arguing regulators are trying to focus examiners on material financial risks while keeping the banking system balanced and resilient. He speaks with Kailey Leinz on the late edition of Bloomberg’s “Balance of Power.” (Source: Bloomberg)