Trump advisers reported plan to ease banking oversight may not get required support
Donald Trump's team explored downsizing banking regulators. Wall Street remained unconcerned, citing political roadblocks. The potential elimination of the FDIC was discussed. This raised concerns about financial stability. Experts highlighted the FDIC's crucial role in bank resolutions. US bank stocks dipped marginally. The Senate Banking Committee will likely influence regulatory changes.
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Donald Trump's team explored downsizing banking regulators. Wall Street remained unconcerned, citing political roadblocks. The potential elimination of the FDIC was discussed. This raised concerns about financial stability. Experts highlighted the FDIC's crucial role in bank resolutions. US bank stocks dipped marginally. The Senate Banking Committee will likely influence regulatory changes. 
