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Today — 12 December 2025Main stream

Bessent Accelerates Regulation Overhaul to Jumpstart Growth

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 Times

Treasury Secretary Scott Bessent argued that financial stability was best achieved through faster economic growth, which he said was constrained by unnecessary regulations.
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