Bessent Accelerates Regulation Overhaul to Jumpstart Growth NYT | Top Stories By: Alan Rappeport and Colby Smith 12 December 2025 at 04:03 The Treasury Secretary unveiled changes to the Financial Stability Oversight Council to ease “overregulation.” © Tierney L. Cross/The New York TimesTreasury Secretary Scott Bessent argued that financial stability was best achieved through faster economic growth, which he said was constrained by unnecessary regulations.