Trump looking to dramatically shrink consolidate or even eliminate top bank regulators

December 13, 2024
-FCHFX

December 13, 2024 at 01:02AM
Wall Street Journal (gated) reporting, in brief:

Trump team has started to explore pathways to dramatically shrink, consolidate or even eliminate the top bank watchdogs in Washington

could abolish the Federal Deposit Insurance Corp., people familiar with the matter said

as well as the Office of the Comptroller of the Currency, if deposit insurance could then be absorbed into the Treasury Department

Banksters will be happy with this.

This article was written by Eamonn Sheridan at www.forexlive.com.

Trump looking to dramatically shrink consolidate or even eliminate top bank regulators

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