Bessent questioned by lawmakers on tailoring regulation, CDFI Fund
By ABA Banking Journal Staff
AI Summary
Treasury Secretary Scott Bessent defended the administration's push for regulatory tailoring during a congressional hearing. The discussion included stablecoin regulation and community development financial institutions (CDFIs).
Texas Relevance
The article does not specifically mention Texas, TCUD, or any Texas-specific entities.
Original Content
Treasury Secretary Scott Bessent reiterated the Trump administration’s push for regulatory tailoring during a sometimes contentious congressional hearing that touched on several issues, from stablecoin regulation to community development financial institutions. The post Bessent questioned by lawmakers on tailoring regulation, CDFI Fund appeared first on ABA Banking Journal .