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Hensarling questions agencies’ use of ‘reputational risk’ in prudential supervision
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Banking
Thursday, May 29, 2014
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The leader of the House Financial Services Committee wants top bank and credit union regulators to explain their agency’s use of “reputational risk” in prudential supervision. Rep. Jeb Hensarling, R-Texas, the committee’s chairman, is concerned that some regulators may be relying on subjective judgments of what constitutes reputation risk.
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