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The people in Donald Trump’s orbit are floating some dramatic ideas that would remake the way banks are regulated. There are lots of questions about whether any of the ideas will come to pass.
(Reuters) -U.S. bank stocks were unfazed on Friday after a report that President-elect Donald Trump's team had floated the idea of shrinking or eliminating a top banking regulator, with analysts ...
Trump’s team has also asked if the FDIC could be absorbed into the Treasury Department. But, if it were to happen, it would be a massive shakeup in the industry. The FDIC was created during the ...
Trump advisers and potential nominees have also discussed plans to either combine or otherwise restructure the main federal bank regulators: the FDIC, OCC and the Federal Reserve, the WSJ report ...
US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either candidate might treat their industry. Most observers expect Donald Trump to be more favorable.
President Donald Trump spoke virtually at the World Economic Forum on Thursday. During his speech, he accused banks like Bank of America of discriminating against conservatives.
If Republican former President Donald Trump wins the U.S. election on Nov. 5 he is expected to swiftly overhaul the country's financial regulators, which under Democratic President Joe Biden have ...
Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying ...