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Benson: Trump Administration's Regulatory Reform to Release Additional $2.5 Trillion in Bank Lending Capacity

Summary: According to Jinshi News, US Treasury Secretary Benson stated that the regulatory reform of the Trump administration will release an additional $2.5 trillion in bank lending capacity. During economic downturns, reliance on private credit will be cyclical, and the growth of private credit stems from excessive regulation of the banking system.

According to Jinshi News, US Treasury Secretary Benson stated that the regulatory reform of the Trump administration will release an additional $2.5 trillion in bank lending capacity. During economic downturns, reliance on private credit will be cyclical, and the growth of private credit stems from excessive regulation of the banking system.

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Link: Benson: Trump Administration's Regulatory Reform to Release Additional $2.5 Trillion in Bank Lending Capacity   [Copy]
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