Bessent offers deregulatory vision, but few specifics
By: Claire Williams | Published: 2026-02-04 18:33:18 | Source: www.nationalmortgagenews.com
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- Key insight: Treasury Secretary Scott Bessent said that the smallest banks should be deregulated, but didn’t endorse any specific policies to do so.
- Forward look: Chairman French Hill’s, R-Ark., community bank policy package has been overtaken by crypto bills and other priorities on the House floor and the Senate.
- Expert quote: “Stop being his flunky.” — Rep. Gregory Meeks, D-N.Y., to…
