Fed proposes stricter capital rules for banks
<a href="http://www.redbottomshoesite.com/">red bottom shoes</a> WASHINGTON — The Federal Reserve wants U.S. banks to set aside more money to cushion against unexpected losses, a key step in preventing another financial crisis.<br>
The Fed governors voted 7-0 on Thursday to propose rules requiring all banks hold at least 7 percent of their assets in capital reserves. That's up from a minimum of 2 percent currently required and in line with international standards.<br>
The rules are open to comment until September.