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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