Trump names interim heads of financial regulators
US president also bans agencies from taking decisions until permanent appointees are in place
Donald Trump has appointed temporary chairs of the US’s various financial regulators, while forbidding any agencies from issuing directives until permanent heads are in place.
The US president on January 20 named Travis Hill as acting chair of the board of directors of the Federal Deposit Insurance Corporation (FDIC).
In a statement the following day, Hill said he would prioritise expediting bank mergers, rejecting proposed standards on lenders’ corporate governance, and adjusting capital and
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