Sens. Brown, Reed urge Fed to assess risks of private credit markets

U.S. Sens. Sherrod Brown (D-OH) and Jack Reed (D-RI) raised concerns with the Federal Reserve about the growing risks posed by the private credit market. © Shutterstock In a letter to Federal Reserve Chair Jerome Powell and Vice Chair Michael Barr, the senators urged federal banking regulators to take action to protect savers and consumers […] The post Sens. Brown, Reed urge Fed…