Banking Rulemakers Create Crisis of Their Own

The European Commission announced new rules to make banks safer after the 2008 crash.

These rules say banks must keep more money on hand, which can stop them from lending to businesses.

UK banks say the rules are too strict and hurt their ability to invest.

Some worry that if banks keep too much money, they won’t help the economy grow.

The article says regulators need to balance safety with giving banks enough room to lend and help businesses grow.