Regulatory reform

Treasury Secretary Steven Mnuchin said fixes to orderly liquidation authority and the Volcker Rule would be included in regulatory recommendations to the president due this summer.

The risks associated with a megabank collapse still pose huge problems for the industry, despite assurances from the head of the nation’s largest bank.

Meeting with CEOs, President Trump discussed reducing the financial regulatory burden among a series of actions he is pursuing to make the U.S. more business-friendly.

Observers are divided over whether National Economic Council Director Gary Cohn's support for a modernized Glass-Steagall Act is purely opportunistic or sincere.

In a private meeting with lawmakers, White House economic adviser Gary Cohn reportedly said he supports a policy that could radically reshape Wall Street's biggest firms by separating their consumer-lending businesses from their investment banks.