US Treasury chief seeks looser regulation at financial stability panel
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US Treasury chief seeks looser regulation at financial stability panel
WASHINGTON, United States, Dec 12, 2025 (BSS/AFP) - US Treasury Secretary Scott Bessent signaled key changes Thursday to a high-level panel on financial stability, putting more emphasis on economic growth and reduced regulation. The panel, the Financial Stability Oversight Council (FSOC), was creat»»»
US Treasury seeks lighter touch on Wall Street as panel priorities change
WASHINGTON, Dec 12 — US Treasury Secretary Scott Bessent signaled key changes Thursday to a high-level panel on financial stability, putting more emphasis on economic growth and reduced regulation. The panel, the Financial Stability Oversight Council (FSOC), was created to identify emerging risks a»»»
US Fed governor Lisa Cook warns inflation to stay 'elevated' next year
WASHINGTON: A key US central bank official warned on Monday (Nov 3) that inflation would likely remain elevated in the coming year as tariffs bite, while vowing to fulfil her duties even as President Donald Trump seeks her removal. "My outreach to business leaders suggests that the pass-through of »»»
US Fed’s Cook warns inflation to stay ‘elevated’ next year
Federal Reserve board of governors member Lisa Cook pledged to continue her work despite President Donald Trump’s effort to remove her. (AP pic) WASHINGTON: A key US central bank official warned Monday that inflation would likely remain elevated in the coming year as tariffs bite, while vowing to f»»»
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