Basel Accord’s expanded banking rules could tank Trump’s economy — unless he acts fast
Business
Since Congress passed President Donald Trump’s “One Big Beautiful Bill” this summer, strong real-GDP growth has combined with minimal inflation , boosting American prosperity. But one potential misstep could end this decisive, action-oriented administration’s hope of making the American economy great again — while losing the midterm elections and Republican control of the government. The Trump team is oddly frozen over what to do about the so-called “Basel Accords,” rules developed decades ago
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