Banks will suffer under Trump-controlled regulators, experts say

President Trump’s move for greater control of federal banking regulators will be disruptive for lenders, say experts, with decreased capacity and politically motivated rulemaking quickly outweighing any short-term deregulatory gains.

The US president signed an executive order on February 18 mandating that federal agencies, including the Securities and Exchange Commission, Federal Trade Commission and Federal Reserve, to submit draft regulations for the White House to review.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards

Activate your free trial



Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.

Aggregated From –
Source link
Comments (0)
Add Comment