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Better Markets Urges the Fed to Rethink Payment Systems Proposal that Dangerously Expands Fed Lending Access to Undercapitalized and Poorly Run Banks

FOR IMMEDIATE RELEASE
Monday, August 2, 2021
Contact: Doug Walker at 202-618-6430 or dwalker@bettermarkets.com 

WASHINGTON, D.C.—Phillip Basil, Director of Banking Policy for Better Markets, released the following statement on the filing of a comment letter to the Federal Reserve Board on proposed changes to their Payment System Risk policy:  

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