Banking Deregulation

Trump’s EPA Rolls Back Greenhouse Gas Rules: Major Deregulatory Move

Trump’s EPA to repeal core of greenhouse gas rules in a major deregulatory move. This is, without a doubt, the biggest deregulatory step in U.S. history, and it’s setting off alarm bells everywhere. It’s like they’re actively dismantling the safeguards put in place to protect our environment and, by extension, our health. The sheer scale of this move is hard to fathom, with consequences that will ripple through every aspect of life.

EPA head claims carbon dioxide’s benefits are overlooked, which, frankly, is a jaw-dropping statement. This is, to put it mildly, a controversial take, going directly against the mountain of scientific evidence that points to the detrimental impacts of greenhouse gas emissions.… Continue reading

US Plans to Eviscerate Bank Regulations, Risking Repeat of 2008 Crisis

US banking regulators plan to significantly reduce capital requirements for major banks this summer, potentially reversing key post-2008 crisis protections. This follows extensive lobbying by the banking industry, arguing that current regulations hinder lending and competitiveness. The proposed changes would lower the supplementary leverage ratio, impacting the amount of high-quality capital banks must hold against risky assets. This deregulation effort aligns with the Trump administration’s broader push to reduce regulations, despite concerns about increased market volatility.

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