Good news! About time! Bravo President Trump! The business of America is business!
"Doing so would ease rules put in place after the 2008 financial crisis that were meant to help shield against meltdowns. Translation: A big win for big banks, which had resisted sharply higher requirements proposed under the Biden administration. JPMorgan Chase and others waged an intense lobbying campaign to fight them. Wall Street’s embrace of Trump 2.0 largely centered on the prospect that such plans for stricter rules would be scrapped. Trump officials say simplifying the rules will boost lending and benefit the economy."
No comments:
Post a Comment