Back to Bessent demands Fed surrender banking oversight to Treasury
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true false
Bank stocks typically rise when investors expect looser regulatory oversight.
Explanation
True. When investors anticipate deregulation, bank equities rally because reduced oversight lowers compliance costs and allows greater risk-taking for profits. On November 6, 2024, the KBW Nasdaq Bank...
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Under the Federal Reserve Act of 1913, is the Federal Reserve a private corporation owned by its member banks?
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