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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...