Trump Administration Prepares to Ease Big Bank Rules

Monday, June 02, 2025

The proposal would represent the latest policy win for the banking industry, which has been closely scrutinized since the 2008 global financial meltdown.

Posted by Corky at 02:32 PM | 6 COMMENTS | permalink | Comment on This Entry |

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The Trump administration is preparing to ease rules imposed on the largest US banks following the 2008 financial crisis, Politico said

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-- Bloomberg News (@bloomberg.com) May 31, 2025 at 5:18 PM

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"The 2024 election ushered in the largest turnover among federal financial regulators in the history of our country, and that's starting to bear fruit," said Ed Mills, a Washington policy analyst at Raymond James. Big banks, he said, are "back in the driver's seat."

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IS this what you voted for, Trumpers?

Thanks ever do much!

#1 | Posted by Corky at 2025-06-01 01:29 PM | Reply

Only a real idiot, or a MAGA, can't see where this is going to lead.

Donald Trump enjoys destruction when he can do the destroying.

#2 | Posted by Zed at 2025-06-01 02:28 PM | Reply

If you think that he was going to do anything to help you out, you're a special kind of stupid.

#3 | Posted by Nixon at 2025-06-02 08:37 AM | Reply

What could possibly go wrong...

Now might be the time to heed the warnings of philosopher George Santayana...

OCU

#4 | Posted by OCUser at 2025-06-02 03:02 PM | Reply

Oh yeah, let's build on Clinton's Gramm"Leach"Bliley Act by deregulating the banks even further, and have a 2008 reenactment.

#5 | Posted by Yodagirl at 2025-06-02 04:51 PM | Reply | Newsworthy 1

"Oh yeah, let's build on Clinton's Gramm"Leach"Bliley Act by deregulating the banks even further, and have a 2008 reenactment."

Ph, it's coming. It's virtually guaranteed withGQP rule. Trump's disaster economy is goin to make Reagan' or Bush's look like child's play. Trump will be remembered as the absolute worst President and very likely the last Republican President. He should not be allowed to just walk away; he will deserve punishment, imprisonment for a long time!

#6 | Posted by danni at 2025-06-02 06:24 PM | Reply