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Fed Report Reveals...
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<blockquote data-quote="Up In Smoke" data-source="post: 5583748" data-attributes="member: 79702"><p>The 2018 law changed the size of banks that would be audited, regulated and stress tested from 50B to 250B in deposits. This law reduced the number of audits from over a thousand banks down to a couple hands full. The bond buying would have been red flagged as deposits would not have been covered.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5583748, member: 79702"] The 2018 law changed the size of banks that would be audited, regulated and stress tested from 50B to 250B in deposits. This law reduced the number of audits from over a thousand banks down to a couple hands full. The bond buying would have been red flagged as deposits would not have been covered. [/QUOTE]
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