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White House plans to strengthen the US banking system

The White House wants to strengthen the US banking system with plans for mid-sized banks to hold more liquid assets, increase their capital and submit to regular stress tests.

Banks with between $100 billion and $250 billion in assets are going to need to hold more liquid assets, increase their capital, submit to regular stress tests and write "living wills" according to President Joe Biden's latest plans to keep US banks afloat.

We take a look at one of the world’s fastest ageing countries – Japan. Less than 800,000 births were reported in the country last year which has prompted the government to plan more incentives for family planning for young couples.

Also we hear from an attorney in Orlando as Disney have managed to sidestep Florida's governors board plans with a clause that involves King Charles III.

(Picture: US President Joe Biden speaks during a reception at the White House. Credit: Reuters.)

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27 minutes

Last on

Thu 30 Mar 2023 22:32GMT

Broadcasts

  • Thu 30 Mar 2023 21:32GMT
  • Thu 30 Mar 2023 22:32GMT