WASHINGTON — Federal Reserve Governor Daniel Tarullo said Friday that consensus is growing around key aspects of the resolution authorities granted to by Congress after the financial crisis five years ago.

Tarullo, who oversees regulatory efforts at the Fed, said "the emergence of a growing consensus around the key elements of a credible resolution mechanism, and the work to engraft those elements into appropriate statutory and administrative frameworks, is one of the more unheralded - if still in progress - successes of the post - crisis regulatory response."

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