Biden calls to revive tighter bank regulations that Trump weakened

Photo caption: A locked door to a Silicon Valley Bank (SVB) location on Sand Hill Road is seen in Menlo Park, California, U.S. March 10, 2023. Photo credit: Jeffrey Dastin / REUTERS. Article by Fatima Hussein, Associated Press and Josh Boak, Associated Press. PBS News Hour – March 30, 2023.

WASHINGTON (AP) — Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law without additional steps taken by Congress. The recommended changes outlined by the White […]

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