The Biden Administration is calling on bank regulators to tighten rules for mid-sized banks and said of none of its suggested measures require Congressional approval, reported Bloomberg, citing a White House statement. Some of the largest publicly traded U.S. banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
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Published first on TheFly
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