Image: Bloomberg News
"The Europeans are giving some breathing room. Let's take advantage of that," said Wayne Abernathy, a top official with the ABA, arguing why regulators should delay a final liquidity rule.

Regulators Near Release of Final Liquidity Rule

Federal regulators are aiming to finalize a rule in early September that would establish the first-ever liquidity requirement for banks, but some in the industry have launched a last-ditch effort to delay it.

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