Page 6 - Banking Rules News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Purposes and they all got in trouble at the same time and depositors needed money at the same time. we don't see that across the whole company. we have a tech start-up downturn and it caught these two banks up. going forward, there's less of a risk of seeing a lot of these. >> let's get your take on this exchange between secretary yellen and senator elizabeth warren. we're all waiting to see what the fed does on the -- we expect the back end of this turmoil within the banks. but we heard from, give that to me again. i will just read it. she said over the last few days we have heard a lot of re...

Money. >> the bank had to sell assets it expected to hold to maturity and given the interest rate increases that have occurred since the assets, including treasuries and government-backed security -- mortgage-backed securities, they had lost market value. >> republicans use the issue with treasury to underscore concern about inflation and higher interest rates and lawmakers promise bipartisan investigation into bank regulators. some want to stiffen banking rules which congress loosened in 2018, there is concern about contagion after problems at credit suisse. harris. >> harris: we'll watch and...

Today. the question whether or not the u.s. federal reserve is going to do the same thing next week. >> so the conversation shall continue at least through then. i suspect beyond that. appreciate the update. let's get more perspective from katherine ranpaul. bill isaac. katherine, one of the questions or issues being discussed on capitol hill is where do we go from here? there are progressives who say dodd-frank rescinded in 2018. we should go back to the original. there are other who is see the problem somewhere else. listen to this exchange. elizabeth warren among those who think congress ma...

Deposits will be there when you need them. new york's signature bank following silicon valley bank down the road to collapse over the weekend. those banks are tonight in the hands of regulators. in addition to telling folks their money is safe, the president today called on congress and banking regulators to strengthen banking rules to prevent such failures in the future. the government reassurance appeared o a lo toward easing nerves on wall street. however, concerns remain over whether it's all over. nbc's jake ward has much more. >> reporter: with two u.s. banks being forced into closure in...

Bangladesh Bank yesterday re-appointed an observer at Islami Bank and dispatched an observer for the first time at First Security Islami Bank (FSIBL) -- the two Shariah-based lenders where Chattogram-based business giant S Alam Group has significant stakes.