Trump 2.0 bank supervision: simpler but no soft touch?
Republican FDIC vice-chair Travis Hill wants more focus on financial risk instead of process
After being appointed chair of the Commodity Futures Trading Commission during Donald Trump’s first presidency, Christopher Giancarlo summed up his regulatory philosophy with the acronym KISS – keep it simple, stupid. In a speech on January 10, 2025, the Republican vice-chair at the Federal Deposit Insurance Corporation, Travis Hill, struck a similar note.
Hill said the official reviews released after the collapse of Silicon Valley Bank in March 2023 had revealed a supervisory “emphasis on
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