Wall Street and Democrats oppose Trump attempt to rush through tighter divestment rules for banks
Proposed “fair access” rule seen as a way to force lending to oil & gas and guns
A US banking regulator is facing heavy pressure from Wall Street banks and the US Democrats to drop a controversial plan to prevent banks in the country from excluding sectors such as fossil fuels or guns.
The so-called “fair access” rule was drafted by the US Treasury’s Office o…
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- tagged with:
- Ceres,
- Bank of America,
- JP Morgan
