FDIC chief warns US could pay 'high price' for slashing bank regulations, FT reports

Reuters

2025/01/14

Jan 14 (Reuters) - The U.S. financial system could pay a "high price" if the incoming Trump administration slashes bank regulations too aggressively, the Federal Deposit Insurance Corporation Chairman Martin Gruenberg told the Financial Times on Tuesday.

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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