Tag #Global Financial Stability

What are the immediate consequences of the planned rollback of post-2008 banking regulations in the US?

The US is poised to roll back post-2008 financial crisis banking regulations, lowering the capital reserve requirement for banks from 5% to a range of 3.5%-4.25% to match international standards. This decision follows years of lobbying by the banking industry, despite concerns that it's ill-timed given current market instability.