Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, May 22, 2023.Mike Segar | ReutersMinneapolis Federal Reserve President Neel Kashkari favors getting tougher on regional banks, following a crisis earlier this year that he said may not be over.Asked during a town hall whether he agrees with proposals setting higher capital requirements for banks with more than $100 billion in assets, the central bank official said, “My own personal opinion is it doesn’t go far enough. I think it’s a step in the right direction, but I would like to go significantly further.”Regional bank shares fell as Kashkari spoke. The SPDR S&P Regional Banking ETF (KRE) was off 2.4% around midday.The architect of the Troubled Asset Relief Program that helped bail out banks during the 2008 fi …
