Government officials are preparing to unveil a regulatory response aimed at preventing future financial meltdowns, The New York Times’ Jeanna Smialek and Rob Copeland reports. The Fed could unveil new rules this spring, and at least some policymakers hope to release their proposal before a regulation-focused conference in June, according to a person familiar with the plans. The goal of the new policies would be to prevent the kind of issues and bank runs that capsized Silicon Valley Bank and a series of other regional lenders last spring.
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