Tag: designation

FSOC finalizes nonbank designation rule, reversing Trump-era transfer

[ad_1] Treasury Secretary Janet Yellen, in her capability as chair of the Monetary Steadiness Oversight Council, licensed the passage of a brand new steerage that may invigorate the council’s skill to designate particular person corporations as systemically essential monetary establishments, reversing a Trump-era rule that made the ones designations way more tricky.Bloomberg Information WASHINGTON — […]

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