Money

Tightening rules for mid-sized banks

The question is, will they, and how fast can they apply them?

 
In the U.S., Joe Biden is calling on regulators to tighten the rules for mid-sized banks.

Silicon Valley Bank’s collapse has put Washington’s focus back on regulation.

The White House wants federal banking agencies, alongside the Treasury Department, to enact a series of changes.

The question is, will they, and how fast can they apply them?

Alexander Spellane, the CEO at Fisher Capital, joined to discuss.

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