Trump Administration Explores Consolidating Banking Regulators

| Importance: 8/10 | Status: confirmed

Trump administration explores consolidating banking regulators by potentially merging FDIC and OCC under Treasury Department, reducing regulatory workforce and oversight. Proposed changes include combining regulatory functions, transferring employees, and potentially eliminating independent banking supervision.

Key Actors

Donald Trump Trump Administration Office of the Comptroller of the Currency Federal Deposit Insurance Corporation

Tags

regulatory-capture treasury-department banking-regulation trump-administration

Sources (3)

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