says deeper reforms of banking regulatory structure are needed-remarks at Federal Reserve conferenceU.S. bank regulators should consider abandoning ‘flawed’ dual capital requirements for banksOutdated capital requirements are misaligned with actual risk, impose unnecessary burdensCommunity banks could be allowed to opt in to modernized capital regime, reducing capital requirementsBank regulators must carry out statutory mandates to maintain financial safety and stability, protect consumers
Bessent spoke earlier also, with further attacks on the Federal Reserve at Trump's behest. Bessent is seen as one of the few in Trump's administration with any competence in the economic field. Him joining ill-advised attacks on the independence of the Fed damage his credibility.
Scott Bessent
This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about u s treasury s bessent remarks on reforms of banking regulatory structure was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( U.S. Treasury’s Bessent remarks on reforms of banking regulatory structure )
Also on site :