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CNN CNN Newsroom June 4, 2024 18:49:00

Weakened many important common sense requirements and supervision for regional banks like silicon. valley bank and signature bank. whose recent failures led to that to do that we have experts out there who have said those rollbacks were caused by recent of the recent bank failures. that s what we re hearing from experts out there themselves, so just want to be very clear. it s not just us who were saying that that s what the experts as well are saying so today, the president is urging the banking regulators to consider reforms that will reduce the risk. of future banking crisis, stronger liquidity and capital requirements. annual annual stress test living wills and stronger supervision so again because of what we saw done by the trump administration back in 2018 remember what happened in 2008 and what the obama biden administration were able to do. they were able to strengthen some of those requirements make it stronger, and the trump administration rolled that back , and experts thems ....

Common Sense , Signature Bank , Valley Bank , Bank Failures , Future Banking Crisis , Stress Test Living Wills ,