Warren, Porter unveil bill to undo Trump-era Dodd-Frank rollback after Silicon Valley Bank collapse ...Middle East

The Hill - Technology

Sen. Elizabeth Warren (D-Mass.) and Rep. Katie Porter (D-Calif.) have introduced a bill to repeal part of a Trump-era bank regulation rollback law in the wake of the collapse of Silicon Valley Bank. The bill, called the Secure Viable Banking Act, would put banks with at least $50 billion in assets back under strict Federal Reserve oversight and Dodd-Frank Act stress tests. A bipartisan 2018 bill to loosen Dodd-Frank raised that threshold to $250 billion, which exempted Silicon Valley Bank and dozens of other banks from the strictest federal oversight. Warren, one of the lead Democratic opponents of the 2018 bill, and many of her Democratic colleagues have blamed the Dodd-Frank rol

Hence then, the article about warren porter unveil bill to undo trump era dodd frank rollback after silicon valley bank collapse was published today ( Wednesday 15/03/2023 - 03:36 PM ) and is available on The Hill ( 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 ( Warren, Porter unveil bill to undo Trump-era Dodd-Frank rollback after Silicon Valley Bank collapse )

Last updated : 15 March 2023 clock 03:36 PM

Also on site :

Warren, Porter unveil bill to undo Trump-era Dodd-Frank rollback after Silicon Valley Bank collapse ...Middle East

United Airlines now tracks TSA wait times for first time ever in app upgrade

Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.

Anthropic scrambles to contain self-inflicted leak of valuable AI code

After Resident Evil Requiem's massive success, director Zach Cregger jokes fans may "crucify" him if his movie reboot fails to crack the Resi code

Eidos-Montréal's latest round of layoffs reportedly follows the cancellation of an "almost complete" open-world game

Elon Musk’s SpaceX registers to take rocket maker public in blockbuster IPO: report

12 tonnes of stolen Kitkats inspire April Fools jokes throughout the video games industry

Robotaxi passengers left stranded in dangerous traffic after outage hits more than 100 driverless vehicles

Latest malware scam weaponizes ‘I’m not a robot’ verification tests against users, experts warn

Mark Kelly on Artemis II mission: 'This is something we've never done before'

One of Apple’s First Employees Looks Back at 50 Years

New documentary featuring industry leaders explores risks and rewards of AI

Google users’ dreams come true with long-awaited Gmail announcement: ‘Couldn’t be happier’

"Coin pusher roguelike" Raccoin sells over 100K units on Steam in 24 hours

Arc Raiders' Flashpoint update addresses a major player complaint, throwing geared players into less games in-progress