US bank regulator proposes curbs on agency watchdogs
NegativeFinancial Markets

The US bank regulator has proposed new restrictions on agency watchdogs, raising concerns about transparency and accountability in financial oversight. This move could limit the ability of these watchdogs to effectively monitor and report on banking practices, potentially leading to less consumer protection and increased risks in the financial system. It's a significant shift that could impact how banks are regulated and how consumers are safeguarded.
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