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    GeniusMusing (geniusmusing@nu.federati.net)'s status on Monday, 13-Mar-2023 01:52:36 JSTGeniusMusingGeniusMusing
    in reply to
    • GeniusMusing
    Trump signs bank bill rolling back some Dodd-Frank regulations
    https://www.cnbc.com/2018/05/24/trump-signs-bank-bill-rolling-back-some-dodd-frank-regulations.html

    snip

    >The measure eases restrictions on all but the largest banks. It raises the threshold to $250 billion from $50 billion under which banks are deemed too important to the financial system to fail. Those institutions also would not have to undergo stress tests or submit so-called living wills, both safety valves designed to plan for financial disaster.
    >...
    In conversationMonday, 13-Mar-2023 01:52:36 JST from nu.federati.netpermalink

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      Trump signs the biggest rollback of bank rules since the financial crisis
      from https://www.facebook.com/CNBC
      The measure designed to ease rules on all but the largest U.S. banks passed both chambers of Congress with bipartisan support.
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