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Exclusive: Bessent calls for less regulation to help small banks

Treasury Secretary Scott Bessent made a case for lighter financial regulation at the G20 finance ministers gathering Monday, arguing to CEOs that post-crisis rules have squeezed small banks, according to remarks first shared with Axios. Why it matters: The private sector has a prominent role in the U.S.-led G20, with business leaders like JPMorgan Chase CEO Jamie Dimon and Goldman Sachs chief David Solomon participating alongside finance ministers and central bankers. What they're saying: "To e…

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AxiosCenter·3h ago
Exclusive: Bessent calls for less regulation to help small banks
Treasury Secretary Scott Bessent made a case for lighter financial regulation at the G20 finance ministers gathering Monday, arguing to CEOs that post-crisis rules have squeezed small banks, according to remarks first shared with Axios. Why it matters: The private sector has a prominent role in the U.S.-led G20, with business leaders like JPMorgan Chase CEO Jamie Dimon and Goldman Sachs chief David Solomon participating alongside finance ministers and central bankers. What they're saying: "To e…
Read at Axios →

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Exclusive: Bessent calls for less regulation to help small banks

How 1 sources are covering this

Exclusive: Bessent calls for less regulation to help small banks

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