Weekly Roundup 03/21/25 (Trump addresses DAS, Kraken buys NinjaTrader, FIRM act advances) (EP.604)
On The Brink with Castle Island
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Advancement of the Firm Act: Implications for Banking Regulations
This chapter explores the implications of the Firm Act, a legislative effort aimed at reshaping banking regulations by eliminating reputational risk assessments. The discussion raises concerns over potential political misuse of the act, which could affect the availability of banking services for certain institutions based on the ruling party's preferences.
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