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Bessent resets financial watchdog with deregulatory mandate
The Treasury secretary said the Financial Stability Oversight Council would shift focus from “prophylactic” policies to a more deregulatory approach.
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cnbc.com
Bessent to propose major overhaul of regulatory body created from financial crisis
Treasury Secretary Scott Bessent is proposing a major change in the approach to how the government approaches financial regulation and stability, CNBC has learned.
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politico.com
Bessent resets financial watchdog with deregulatory mandate
The Treasury secretary said the Financial Stability Oversight Council would shift focus from “prophylactic” policies to a more deregulatory approach.