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‘Single biggest threat’: Warren, Tester warn against bank consolidation

Por: Politico Business May 18, 2023

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Senate Democrats on Thursday warned regulators against allowing big banks to grow even bigger, saying the trend was posing a threat to the financial system. New regulations to police the industry could backfire by undermining smaller lenders, Sen. Jon Tester of Montana cautioned, pointing to rules developed in the aftermath of the 2008 global financial crisis. “In 2008…we railed on regulators, we railed and railed and railed, because they... + full article



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