Fed loosens restrictions on bank share buybacks after second stress test

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WASHINGTON, D.C., Dec. 2, 2020 -- A man wearing a face mask walks past the U.S. Federal Reserve in Washington, D.C., the United States, on Dec. 2, 2020. Most Federal Reserve districts reported that firms' outlooks remained positive, but "optimism has waned," as COVID-19 cases continue to spike, the U.S. Fed said in its latest Beige Book released on Wednesday. (Photo by Liu Jie/Xinhua via Getty) (Xinhua/Liu Jie via Getty Images)
WASHINGTON, D.C., Dec. 2, 2020 — A man wearing a face mask walks past the U.S. Federal Reserve in Washington, D.C., the United States, on Dec. 2, 2020. Most Federal Reserve districts reported that firms’ outlooks remained positive, but “optimism has waned,” as COVID-19 cases continue to spike, the U.S. Fed said in its latest Beige Book released on Wednesday. (Photo by Liu Jie/Xinhua via Getty) (Xinhua/Liu Jie via Getty Images)

The Federal Reserve on Friday loosened its restrictions on share…


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