US regulators are easing bank oversight under President Donald Trump, with the Office of the Comptroller of the Currency (OCC), the Federal Reserve, and the Consumer Financial Protection Bureau (CFPB) postponing, scaling back, or canceling examinations, as reported by Reuters.
The lighter approach, industry executives say, primarily applies to non-core risks such as reputational, climate, and diversity concerns, while supervisors narrow exam scopes by using more specific language and adhering closely to rulebooks. They are also leaning less on formal notices known as “matters requiring attention,” favoring informal guidance that banks view as less aggressive.
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