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Sens. Vitter, Sherrod Brown Urge Bernanke to Increase Capital Standards


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I also worked with Senator Sherrod Brown (D-Ohio) to send a bipartisan letter urging Federal Reserve Chairman Ben Bernanke to increase the capital requirements of megabanks. Placing higher capital requirements on megabanks is a common-sense way to fix the dangers of too-big-to-fail, and Chairman Bernanke has even said this would make our financial system safer with limited impact on the economy.

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