Republicans Call to Undo Biden-Era Guidance on Nonbank Oversight
House Financial Services Committee Republicans urged US Treasury Secretary Scott Bessent to rescind a Biden-era measure that gave regulators a pathway for placing nonbank financial firms under greater oversight, saying it did little to improve risk monitoring.
House Financial Services Committee Republicans urged US Treasury Secretary Scott Bessent to rescind a Biden-era measure that gave regulators a pathway for placing nonbank financial firms under greater oversight, saying it did little to improve risk monitoring.
