US EASES BANK REG­U­LA­TIONS

Business Today - - THE BUZZ -

Pres­i­dent Don­ald Trump has signed a bi­par­ti­san Bill that partly rolls back the Dodd-Frank fi­nan­cial re­form and eases bank­ing reg­u­la­tions for all but the largest banks. The new leg­is­la­tion has raised the thresh­old from $50 bil­lion to $250 bil­lion in as­sets, which means many of the banks will fall be­low the limit and need not un­dergo Fed stress tests or have cap­i­tal buf­fers, re­quired to pro­tect large firms.

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