The Fed wants to loosen regulations even more for community banks

The Federal Reserve isn't finished easing up rules for the nation's smallest financial institutions, according to remarks Wednesday from the central bank's top regulator. Just two weeks after the Fed announced changes to the way banks are classified and the types of capital cushions they'll need, Randal Quarles, vice chair of supervision, said more changes are coming that will allow community banks relief from the post-financial crisis capital requirements