• Written by: (Blockchain News
  • Tue, 25 Apr 2023
  •   Hong Kong

The US Treasury and top financial regulators have proposed new rules to ease the Federal Reserve's designation of nonbank institutions as systemically important. Treasury Secretary Janet Yellen raised concerns over nonbank institutions' lack of supervision and the potential for financial contagion during periods of distress. (Read More)

US Treasury Suggests Easier Oversight for Nonbank Financial Institutions