Mnuchin's comments arrive just days after Senator Elizabeth Warren warned the Treasury Secretary not to ease the bank regulations.
US Treasury Secretary Steven Mnuchin is open to loosening laws that require banks to create emergency reserves for liquidity crises, Bloomberg reported Tuesday. Mnuchin said he spoke with JPMorgan CEO Jamie Dimon and other banks about a September lending rate spike and how to avoid similar issues. Dimon recently said JPMorgan would have intervened in September's liquidity crisis had laws been looser.
US Treasury Secretary Steven Mnuchin is open to loosening laws that require banks to create emergency reserves for liquidity crises, Bloomberg reported Tuesday. Mnuchin said he spoke with JPMorgan CEO Jamie Dimon and other banks about a September lending rate spike and how to avoid similar issues. Dimon recently said JPMorgan would have intervened in September's liquidity crisis had laws been looser.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
National security officials say Trump revealed secret US tactics by describing the raid that killed ISIS leader al-Baghdadi, possibly compromising future operationsNational officials say Trump revealed secret US tactics by describing the raid that killed ISIS leader al-Baghdadi, possibly compromising future operations
Lire la suite »
US Treasury Secretary vows more economic sanctions on IranTreasury Sec. Steven Mnuchin pledges to increase economic sanctions against Iran, claiming the administration's 'maximum pressure campaign' is halting Iranian aggression.
Lire la suite »
U.S. Treasury expects to borrow $352 billion in fourth quarterThe U.S. Treasury said on Monday it expects to borrow $29 billion less during th...
Lire la suite »
Australian court overturns ruling on Westpac bank, a win for regulatorWestpac Banking Corp staff inappropriately gave personal financial advice when m...
Lire la suite »
In rare win for regulators, Australia's Westpac loses case over marketing cold callsWestpac Banking Corp staff inappropriately gave personal financial advice when m...
Lire la suite »
Tuesday Lunch With Alex Azar, Secretary, US Department of Health and Human Services by Milken InstituteWatch live: SecAzar speaks at the MIHealthSummit about the Administration's vision for the future of healthcare, including lowering drug prices, ending the HIV/AIDS epidemic, and transitioning to value-based care
Lire la suite »