178 Banks are squaring off against the Fed and ready to sue over new rules (www.semafor.com) 💥 BANK COLLAPSE 💥 posted 127 days ago by unruly 127 days ago by unruly +178 / -0 Big banks mull the unthinkable: suing the Fed | Semafor A trade group representing JPMorgan and others have hired Eugene Scalia, a big legal gun, to prep a lawsuit if proposed capital rules aren’t watered down. 31 comments share 31 comments share save hide report block hide replies
They want to change/implement something that they can't get by the existing rules.