Compendium
Jun 23, 2025Deregulation in U.S. financial oversight intensifies under political pressure, challenging capital standards, governance, and agency authority. The Basel III Endgame faced fierce resistance, prompting regulatory rollback. Legal challenges, industry lobbying, and executive orders under Trump reframe oversight as burdensome. Critics warn this shift threatens accountability, conduct risk management, and institutional integrity.
Observations
Mar 07, 2025In a blog post published earlier this week, Michael Clements, Director of Financial Markets and Community Investment at the US Government Accountability Office (GAO), argues that regulators failed to act upon clear signs in the lead-up to the 2023 bank failures and explains what they may do to prevent similar failures going forward.
