President Trump pushes financial deregulation, facing warnings it may increase bank risks and inflation.

President Trump plans to deregulate the financial sector to boost lending, but critics warn this could lead to inflation and increase bank risks. Plans include eliminating the Consumer Financial Protection Bureau and restructuring bank regulators. The departure of the Fed's supervision vice president, Michael Barr, and changes to bank stress tests could also lead to less oversight. Experts caution that without spending cuts and changes to bailout systems, deregulation could worsen financial instability.

2 months ago
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