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#rohit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #rohit, aggregated by home.social.

  1. ‘Dancing in the street’: Some Wall Street banks are triumphant heading into Trump era
    
Trump hasn’t yet returned to office, and the biggest banks keep notching wins.

    🔸Hard-fought rules to require the biggest banks to boost financial buffers that protect against losses could be substantially watered down.

    🔸A separate plan to force banks to lower fees when consumers use debit cards will take more time to complete,
    delaying a potential hit to banks’ bottom line.

    🎈And some of the biggest antagonists against Wall Street serving in the Biden administration,
    -- such as #Rohit #Chopra at the Consumer Financial Protection Bureau (CFPB)
    and the Securities and Exchange Commission’s #Gary #Gensler,
    will be out of government on Day 1 of the Trump administration.
    
⚠️“A lot of bankers, they’re like dancing in the street,”
    said #Jamie #Dimon, the chief executive of JPMorgan Chase & Co.,
    the biggest U.S. bank by assets, at a conference last week in Peru.

    “Years and years of regulations” have curtailed access to loans and other forms of credit, he said.

    washingtonpost.com/business/20