The US Banking Industry

Summary

US Watchdogs have alerted the press about banking lobby groups proposing to alter US Banking laws, some that went into effect after the 2008 economic crash.

- Banking industries like JP Morgan & Goldman Sachs have argued current regulation hinders their businesses.

- US Watchdog groups remind that current regulation is in place due to the last financial crisis in 2008.

Many banking firms have complained that the current banking laws have effected their businesses  by being "hindered by burdensome rules governing the assets they must hold versus their liabilities".

US regulators to make proposals this summer, 2025.

United States

Sources

• https://www.ft.com/content/90196d6d-b147-4943-9b26-888c171d6a5a | Paywalled

1. https://www.theguardian.com/business/2025/may/15/us-reportedly-plans-slash-bank-rules-imposed-prevent-2008-style-crash ↩︎