Economy

Bessent Accelerates Regulation Overhaul to Jumpstart Growth

December 11, 2025

U. S. Treasury Secretary Scott Bessent is advocating for a regulatory overhaul of the Financial Stability Oversight Council to reduce what he describes as burdensome regulations. This proposal aims to enhance the U. S.

Bessent Accelerates Regulation Overhaul to Jumpstart Growth

Key Highlights

Scott Bessent is the U. S. Treasury Secretary.
He is proposing changes to the Financial Stability Oversight Council.
The goal is to ease overregulation and promote growth.
The council monitors risks to the financial system established after the 2008 crisis.
Bessent's letter highlights the need to reduce duplicative regulations.

Trump, Donald J United States Politics and Government United States Economy Regulation and Deregulation of Industry Treasury Department Global Warming Banking and Financial Institutions Federal Reserve System Biden, Joseph R Jr Bowman, Michelle Kelleher, Dennis M Warren, Elizabeth

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Bessent Accelerates Regulation Overhaul to Jumpstart Growth

Key Highlights

Sources

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