How Trump Is Rewriting the Rules for America’s Biggest Banks
Washington’s matrix of banking regulations, in the view of Wall Street lending giants, has long been overly complex and burdensome. Since the start of President Donald Trump’s second term, regulators...
By Katanga Johnson · Bloomberg
Washington’s matrix of banking regulations, in the view of Wall Street lending giants, has long been overly complex and burdensome. Since the start of President Donald Trump’s second term, regulators have worked to loosen the guardrails for large US banks such as Bank of America Corp., JPMorgan Chase & Co. and Goldman Sachs Group Inc.