Fed’s Tarullo lays out regulatory priorities for 2013


Daniel Tarullo, a member of the Board of Governors of the Federal Reserve System, has laid out the four main areas the Fed will be focusing on in the coming year, including a "hard, comprehensive look" at the shadow banking sector.

Tarullo told the US Senate in testimony today that the Fed has made "steady and considerable progress" towards shoring up the banking sector. Key areas for further work, he says, are in continuing implementation of Dodd-Frank and Basel III, enhancing supervision of

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