Today news
About the same in other media
13.12 - 15:39
Biden Officials to Target Nonbanks for Tougher Oversight
Reading now: 705
WASHINGTON—The Biden administration is laying the groundwork to target nonbank firms with stricter federal oversight as regulators grow concerned about financial threats from companies operating outside of the tightly supervised banking system.
The move from the Financial Stability Oversight Council, a panel of top regulators tasked with monitoring the stability of the financial system, would likely ease or repeal Trump-era restrictions that sought to limit the regulation of nonbanks, according to people familiar with the process.
Read more on wsj.comAbout this in other media
U.S. and Europe Gird for Trade Spat Over Washington’s Push for Domestic Investment wsj.com /1 year ago
Fed’s Top Banking Regulator Signals Tougher Bank-Capital Rules wsj.com /1 year ago
Fed’s Top Banking Regulator Signals Tougher Bank-Capital Rules wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
