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US Regulators Propose Bank Plans This Summer
What
The US Banking Industry
Summary
US Watchdogs have alerted the press about banking lobby groups proposing to alter US Banking laws, some that went into effect after the 2008 economic crash.
- Banking industries like JP Morgan & Goldman Sachs have argued current regulation hinders their businesses.
- US Watchdog groups remind that current regulation is in place due to the last financial crisis in 2008.More
Why
Many banking firms have complained that the current banking laws have effected their businesses by being "hindered by burdensome rules governing the assets they must hold versus their liabilities"1.
When
US regulators to make proposals this summer, 2025.
Where
United States
Sources