Explore the U.S. Treasury's new deregulation initiative aimed at reducing costs for small businesses by eliminating outdated rules. Treasury Secretary Scott Bessent's plans to review bank regulations and the mixed reactions from stakeholders are discussed. Delve into the broader implications for the financial sector and the balance between economic growth and regulatory safeguards.

Sources:

https://natlawreview.com/article/mcdermott-check-april-11-2025

https://www.americanbanker.com/news/bessent-defends-tariffs-calls-for-deregulation

https://uk.practicallaw.thomsonreuters.com/w-045-6931?transitionType=Default&contextData=%28sc.Default%29

https://www.hklaw.com/en/insights/publications/2025/04/hk-health-dose-april-8-2025

https://www.theglobaltreasurer.com/2025/04/10/regulatory-relief-financial-small-biz/

https://economictimes.com/news/international/global-trends/tariffs-caused-us-treasury-market-dislocations-raising-longer-term-concerns/articleshow/120146751.cms

https://www.thinkadvisor.com/2025/04/10/will-the-secs-new-chief-pivot-from-deregulation-probably-not/

https://www.citigroup.com/global/insights/us-tariffs-how-wrenching-for-the-global-economy

https://www.housingwire.com/articles/bessents-deregulation-plans-would-boost-mortgage-lending-for-banks/

https://www.govexec.com/management/2025/04/trump-directive-aims-speed-deregulation-nixing-public-input/404474/