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FBN’s Peter Barnes with news that Daniel Tarullo, Federal Reserve Governor, met with bank executives to discuss Dodd-Frank and stress tests.
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Breaking news to Peter -- right now coming out of the Federal Reserve.
And they've been meeting with bankers for everybody from Goldman Sachs on down what is up what this Peter.
That's right -- the Fed has just released a statement confirming the meeting and giving us a few deet tails this is a meeting between fed governor Daniel to rule -- Who is the -- up point person on on Dodd-Frank.
And -- he has met with -- six top bank CEOs.
Lloyd Blankfein of Goldman Sachs Richard Davis of US Bancorp Jamie Dimon of JPMorgan Chase James Gorman Morgan Stanley.
Bank corporation Brian white -- a Bank of America they discussed.
The Fed's supervision of the banks these particular in particular the stress tests.
As well as some of the pending rule makings under.
Dodd-Frank regulation.
There's so much technical points here but that a bottom that the statement also says that governor to rule low reminded the bank representatives that neither -- or Federal Reserve staff.
Would during the meeting respond to our replied to views expressed by the bank represented himself basically confirmation that the meeting took place and the discussion was bank supervision stress tests and Dodd-Frank.
Proposed rule -- was okay but no real response or given to know is that what I'm hearing.
Well it doesn't sound like there was much give on the part of governor to rule out plenty of -- comments or criticisms from.
From the bank executives who were concerned -- -- Centre -- and -- appears certain higher over regulation OK -- theater.
