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2013/04/16

Fed's New Plan For Banks, Vine In Boston, Staggering Costs Of Corporate Tax Breaks And More

April 16, 2013

WASHINGTON, April 15 (Reuters) - The Federal Reserve on Monday issued a proposal that would force big U.S. banks to pay an annual fee to help cover the cost of regulating them.

Under the proposal, the Fed would look back and start the assessment for the 2012 calendar year, requiring about 70 financial firms to pay a total of $440 million.
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