White House Limits Fed Control
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Federal ReserveYahoo Finance
•Business
Business & Economics
The White House tightens control over the Fed — but not on rates

80% Informative
The White House is tightening its control over how the Federal Reserve regulates big banks as part of a new executive order.
Independent agencies will now submit major regulations to the White House Office of Management and Budget .
The move comes as the Fed 's top banking regulator, Michael Barr , plans to step down from his position by the end of this month .
VR Score
83
Informative language
83
Neutral language
62
Article tone
formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
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