Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial regulatory system and said regulators should consider scrapping a “flawed,” Biden-era proposal for a dual capital requirement structure for banks. Speaking at the start of a Federal Reserve regulatory…

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7/21: CBS Evening News Plus

7/21: CBS Evening News Plus

7/21: CBS Evening News Plus – CBS News Watch CBS News Former Kentucky police officer sentenced in Breonna Taylor case; Reporter’s Notebook: Trump’s handling of inflation Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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