[Besent: Regulatory reforms by the Trump administration will unlock an additional $2.5 trillion in lending capacity for banks] Odaily Planet Daily News - U.S. Treasury Secretary Besent stated that regulatory reforms by the Trump administration will unlock an additional $2.5 trillion in lending capacity for banks. During economic downturns, reliance on private credit tends to be procyclical, and the growth of private credit stems from overly strict regulations on the banking system. (Jin10)