Bessent to Overhaul Financial Regulator Panel for Deregulation Focus
US Treasury Secretary Scott Bessent has announced plans to overhaul the Financial Stability Oversight Council (FSOC), shifting its focus from regulatory policies to a more deregulatory approach to boost economic growth. The council, established after the 2008 financial crisis, will now work with agencies to identify burdens and negative impacts on stability, while exploring how … Read more