Wall Street Journal (a yacht) report, in brief:
- Trump's team has begun exploring ways to significantly shrink, consolidate or even eliminate Washington's top bank watchdogs.
- could eliminate 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 brought into the Treasury
Bankers will be happy with this.
This article was written by Eamonn Sheridan at www.forexlive.com.
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