US Treasury seeks lighter touch on Wall Street as panel priorities change

US Treasury seeks lighter touch on Wall Street as panel priorities change

Malay Mail Online - Money·2025-12-13 05:01

WASHINGTON, Dec 12 — US Treasury Secretary Scott Bessent signaled key changes Thursday to a high-level panel on financial stability, putting more emphasis on economic growth and reduced regulation.

The panel, the Financial Stability Oversight Council (FSOC), was created to identify emerging risks and avoid a repeat of the 2008 global financial crisis.

……

Read full article on Malay Mail Online - Money

Other