![Federal-Reserve-Seal](https://i0.wp.com/fintk2.com/wp-content/uploads/2016/07/Federal-Reserve-Seal.png?resize=678%2C381&ssl=1)
The Federal Reserve has told banks to accept additional funding costs of as much as $2 billion annually as it introduces a rule to protect the financial system. The rule for total loss-absorbing capacity aims to shield taxpayers in the event of a bank failure or a market collapse.
Reuters (12/15)