In the Headlines
November 6, 2024
What Trump's Return Means for Bank Regulation: 5 Questions
Law360
Financial Services attorney Eamonn Moran was cited in a Law360 article about the potential impacts of a second Trump Administration on bank regulation. The article highlighted potential changes in regulatory approaches and policy priorities, along with personnel at key federal agencies. Mr. Moran commented on the role of new leadership appointments and their potential effects on the banking industry. For example, Trump is expected to replace Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, and he will be able to name a new leader of the Office of the Comptroller of the Currency (OCC).
"This really will come down to who's in charge," Mr. Moran explained. "You're going to have people who will probably have more accommodating views, be more innovation-friendly, be more measured on any number of issues about the banking industry."
READ: What Trump's Return Means for Bank Regulation: 5 Questions (Subscription required)
"This really will come down to who's in charge," Mr. Moran explained. "You're going to have people who will probably have more accommodating views, be more innovation-friendly, be more measured on any number of issues about the banking industry."
READ: What Trump's Return Means for Bank Regulation: 5 Questions (Subscription required)