The White House is making changes to how the government watches over big banks. It's like having a new set of rules for the grown-ups who keep an eye on the banks! This doesn't change how the Fed decides on interest rates (the cost of borrowing money).
- The government will have more say in how the Federal Reserve (the Fed) checks up on big banks.
- The Fed will still decide interest rates independently.
- This change might affect how banks are managed and regulated.
| What's Changing | What's Staying the Same |
|---|---|
| Government oversight of big banks increases. | The Fed still sets interest rates. |
