Reported about 5 hours ago
President Trump's proposed consolidation of bank regulations and potential shift of responsibilities from the FDIC to other agencies is creating significant uncertainty in the financial markets, according to Kendall Garrison, CEO of Amplify Credit Union. He highlights concerns regarding the future of the Consumer Financial Protection Bureau (CFPB) and warns that this uncertainty could exacerbate issues like rising bond yields and housing affordability, potentially worsening the ongoing housing crisis.
Source: YAHOO