Capitol Report: Newly signed bank deregulation law sets stage for Fed to take further steps [MarketWatch]
Solidion Technology, Inc. (STI)
Last solidion technology, inc. earnings: 10/17 06:00 am
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Source: MarketWatch
Newly signed bank deregulation law sets stage for Fed to take further steps The bank deregulation bill that gives major banks — outside of money-center giants — a measure of relief from post-crisis reforms was signed into law by President Donald Trump on Thursday morning. The law, the Economic Growth, Regulatory Relief and Consumer Protection Act, enacts some key changes to the Dodd-Frank law passed in 2010 and lightens the banks’ regulatory burden but also help set the stage for agencies to act further, analysts say. The law includes breaks that essentially eliminate the possibility of designation as a systemically important financial institution for all but the biggest banks, by raising the threshold from $50 billion to $250 billion in assets. That relieves BB&T BBT, -0.61% , SunTrust Banks Inc. STI, -0.32% and HSBC USA HSBC, -0.87% from much of the strict regulatory oversight imposed by the Dodd-Frank Act of 2010 after the financial crisis. The law also gives regulators mo
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STI
Sec Filings
- 4/19/24 - Form 8-K
- 4/15/24 - Form S-1
- 4/12/24 - Form 10-K
- STI's page on the SEC website