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As the Federal Reserve Floods the Financial System with Capital, It Must Order Large Banks to Stop Capital Distributions via Stock Buybacks and Dividends

March 24, 2020
Contact: press@bettermarkets.com

Washington, D.C.  –  Dennis M. Kelleher, President and Chief Executive Officer of Better Markets, issued the following statement regarding the need for the Federal Reserve to order banks with assets greater than $100 billion to stop all capital distributions and to revoke two counterproductive rule changes enacted in the last week: