Page 4 - Greg Baer News Today

Weeks after the failure of two banks, President Joe Biden has called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law without additional steps taken by Congress.

Well, that didn't take too long. On Thursday, about three weeks after the collapse of Silicon Valley Bank, the White House proposed reinstituting...

The moves to tighten rules on midsize institutions come as the Biden administration searches for tools to further calm the banking crisis and prevent another failure.

Banks with between $100 billion and $250 billion in assets should hold more liquid assets, increase their capital, submit to regular stress tests, and write 'living wills,' the White House says

WASHINGTON (AP) — Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the

WASHINGTON, March 31 ― The Biden administration urged banking authorities to tighten regulation of mid-sized banks, which it said could be pushed through without support from...

WASHINGTON (AP) — Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the

Weeks after the failure of two U.S. banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling officials they can act under current law without additional steps by Congress.

The fallout will be widespread, with ramifications for the 2024 presidential race, policymaking and more.

Weeks after the failure of two banks, President Joe Biden is calling for independent...