Bloomberg Surveillance: Cathie Wood On Bitcoin
Bloomberg Surveillance
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Implications of New Bank Capital Rules and Push for Congressional Action
This chapter explores how the federal government's new bank capital rules may affect everyday Americans by making loans more expensive and harder to obtain, potentially impacting homeownership and small businesses. It also discusses an extreme proposal that could negatively impact the economy, particularly working families, and calls for congressional intervention. The chapter concludes with an ad for WatsonEx Governance by IBM, promoting responsible scaling of AI technologies and the importance of trust in AI.
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