American Banker (February 24)
“Banks have been encouraged by the Trump administration’s promises to reduce their regulatory burdens, but the simultaneous efforts to reduce the federal workforce — including among independent bank regulators — could have unforeseen consequences in supervision and enforcement.” Experts say, this could lead to weaker crisis response.
Tags: Bank regulators, Banks, Crisis response, Encouraged, Enforcement, Experts, Federal workforce, Independent, Promises, Regulatory burdens, Supervision, Trump administration, Unforeseen consequences
Wall Street Journal (March 25)
“Annual issuance of U.S. Treasurys has exploded, nearly doubling since the pandemic began. The government sold a record $23 trillion worth in 2023.” This makes people “nervous” because “rapid growth in markets from tech stocks to mortgage bonds has ended badly in the past.” Given their ubiquity and potentially “unforeseen consequences,” any instability in the Treasury market “could rapidly spread” to other markets.
Tags: $23 trillion, 2023, Doubling, Exploded, Government, Issuance, Mortgage bonds, Nervous, Pandemic, Tech stocks, Treasurys, U.S., Ubiquity, Unforeseen consequences
