The Federal Reserve has issued proposals intended to prevent the collapse of major financial firms. "The proposal would create an integrated set of requirements that seeks to meaningfully reduce the probability of failure of systemically important companies and minimize damage to the financial system and the broader economy in the event such a company fails," according to the Fed. Industry groups have raised concerns that the proposals might hinder economic growth. "We’re concerned that the additional capital will have a negative impact on lending," said Scott Talbott, senior vice president of government affairs at The Financial Services Roundtable. "Too much capital will weigh against or reduce banks’ ability to lend."