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Transcripts For BBCNEWS Asia Business Report 20170606

Business news live from singapore. Could the us be set to roll back tighter Banking Regulations put in place after the Global Financial crisis . Apple displays the recent fruits of its labour at a Tech Conference in california. Its tuesday, good morning, asia, hello, world. Youre watching Asia Business report. Plans to overhaul the us Banking System may be taking shape. Stop makers are expected to vote on a bill to scale back much of the act. These regulations were put in place under president obama after the Global Financial turmoil but banks complain the regulations are to restrictive. The Credit Crisis Cost the us more than 80 million jobs, chile and of dollars in lost wealth and almost 10 million homes after the worst recession since the great repression, the reform will was introduced to make another crisis less likely. This was the moment democrats hoped to put banks in check, president obama signed into law a bill that would address Wea K Into Law a bill that would address weak

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