Summary
- President-elect Donald Trump is reportedly considering a plan to reduce banking regulatory agencies.
- Trump's transition team has stated that they are even considering the elimination of regulatory agencies, including the Federal Deposit Insurance Corporation.
- The reduction of regulatory agencies could have a significant impact on the banking industry.
President-elect Donald Trump is reportedly considering reducing banking regulatory agencies.
On the 12th (local time), Cointelegraph reported via X that "Donald Trump's transition team is exploring options to reduce or eliminate banking regulatory agencies, including the Federal Deposit Insurance Corporation."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
