{
Scott Bessen

People

}
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001122334455554433221100

trump administration poised to relax banking regulations amid industry optimism

The financial sector faces renewed pressure for deregulation as Donald Trump’s potential return to the White House raises concerns about the rollback of post-2008 reforms. Lobbyists have already influenced significant regulatory easing under President Biden, with the Basel III reforms being notably diluted. Experts warn that such relaxed capital rules could destabilize the banking system, as evidenced by recent crises involving major banks like Silicon Valley Bank and Credit Suisse.
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United States Dollar UBS JPMorgan Chase & Co. Cantor Fitzgerald Credit Suisse USA CHE Jamie Dimon Gary Gensler Scott Bessen Joe Biden Donald Trump Show more
Finance & Economy, News Article
13:22 15.11.2024
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