US on ‘wrong path’ with deregulation – Villeroy de Galhau
BdF governor calls for two-year delay to FRTB, “given uncertainty”
The governor of France’s central bank has attacked US efforts to deregulate the financial sector.
Speaking at the Eurofi summit in Warsaw on April 11, François Villeroy de Galhau said US president Donald Trump’s administration was “heading down the wrong path with its economic and financial agenda”.
“Let me be clear, in case anyone here is still tempted to emulate the ‘example’ set by M Trump’s team: it would be a huge mistake,” he said, adding that the “severe financial instability” triggered on
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