Trump looking to dramatically shrink, consolidate or even eliminate top bank regulators

Wall Street Journal (gated) reporting, in brief:

• Trump team has started to explore pathways to dramatically shrink, consolidate or even eliminate the top bank watchdogs in Washington
• could abolish 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 absorbed into the Treasury Department

Banksters will be happy with this.

This article was written by Eamonn Sheridan at www.forexlive.com.