#regulatoryrollback — Public Fediverse posts

President #Biden on Thursday called on #FinancialRegulators to toughen #oversight of medium-sized #banks that face #ReducedScrutiny in the wake of a #RegulatoryRollback implemented during #Trump administration, his most aggressive response yet to the #failure of two #banks earlier this month that rattled the nation’s #FinancialSystem. Proposals would not require any action from Congress and could be accomplished by regulators, administration officials said. https://www.nytimes.com/2023/03/30/us/politics/biden-banks-crisis.html #banking #risk

President #Biden on Thursday called on #FinancialRegulators to toughen #oversight of medium-sized #banks that face #ReducedScrutiny in the wake of a #RegulatoryRollback implemented during #Trump administration, his most aggressive response yet to the #failure of two #banks earlier this month that rattled the nation’s #FinancialSystem. Proposals would not require any action from Congress and could be accomplished by regulators, administration officials said. https://www.nytimes.com/2023/03/30/us/politics/biden-banks-crisis.html #banking #risk