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Finance & markets · 17/09/1996Updated: 10/18/2026 · 1 min read

Federal Reserve Proposes Plan to Expand Banking Services and Acquire Nonbank Companies

Summary

The Federal Reserve has announced a proposal to engage in nonbanking activities or acquire companies that are already involved in nonbanking activities, aiming to expand its financial services and improve financial stability.

Original source language: Federal Register — Federal ReserveOpen original release →

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