Scott Bessent

Banking Groups Ask Treasury to Limit Data Collection After Cybersecurity Incidents

Banking Groups Ask Treasury to Limit Data Collection After Cybersecurity Incidents
Banking Groups Ask Treasury to Limit Data Collection After Cybersecurity Incidents
June 09, 2025  |  Cybersecurity

Four financial industry trade associations said Monday (June 9) that federal agencies should limit their data collection to “only what is necessary” after a series...

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Regulators Prepare to Ease Post-Financial Crisis Banking Rules
Regulators Prepare to Ease Post-Financial Crisis Banking Rules
June 01, 2025  |  Bank Regulation

Regulators are reportedly preparing to loosen banking restrictions imposed following the 2008 financial crisis. Get the Full Story Complete the form to unlock this article...

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Democratic Senators Seek Answers About Any Ties Between Binance and Trump Family Ventures
Democratic Senators Seek Answers About Any Ties Between Binance and Trump Family Ventures
May 09, 2025  |  Cryptocurrency

Four Democratic Senators reportedly said Friday (May 9) that they want answers from government officials about any ties between the digital asset ventures related to...

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Treasury Department Takes Lead in Efforts to Ease Banking Regulation
Treasury Department Takes Lead in Efforts to Ease Banking Regulation
April 17, 2025  |  Bank Regulation

The Treasury Department is reportedly taking the lead in the Trump Administration’s efforts to streamline oversight and ease regulation in the banking sector. Get the Full Story Complete...

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Report: Treasury Department Seeks More Control Over FDIC and OCC
Report: Treasury Department Seeks More Control Over FDIC and OCC
March 24, 2025  |  Bank Regulation

The Treasury Department is reportedly drafting recommendations that would streamline other banking regulators and give the department more control over them. Get the Full Story...

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White House Faces Opposition to Efforts to Reduce CDFI Fund
White House Faces Opposition to Efforts to Reduce CDFI Fund
March 20, 2025  |  Legal & Regulation

White House efforts to cut spending on a low-income lending program, the Community Development Financial Institutions Fund (CDFI Fund), are reportedly encountering opposition. Get the Full Story...

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Trump’s Crypto Summit Heavy on Victory Laps, Light on Regulation
Trump’s Crypto Summit Heavy on Victory Laps, Light on Regulation
March 07, 2025  |  Cryptocurrency

On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s State Dining Room, where the nation’s first...

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Treasury Secretary Scott Bessent: US Should Take ‘Worldwide Lead in Crypto’
Treasury Secretary Scott Bessent: US Should Take ‘Worldwide Lead in Crypto’
March 07, 2025  |  Cryptocurrency

Treasury Secretary Scott Bessent said Friday (March 7) that he is a “big proponent of the U.S. taking the worldwide lead in crypto.” Get the...

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