Federal Reserve plans to shrink board of top banking supervisor
Proposal highlights Trump administration’s push to deregulate financial industry
Proposal highlights Trump administration’s push to deregulate financial industry

US central bank proposes lowering ‘supplementary leverage ratio’ after extensive industry lobbying

Pressure from Donald Trump and concerns over economic growth open schism among central bank’s officials

Wall Street cheers plans that would water down protections designed to avoid repeat of 2008 financial crisis

Central bank says it will halt quantitative tightening programme amid signs of stress in money markets

Three top US central bankers object to move in biggest revolt since 2019

Jay Powell expected to widen rift with Trump by keeping monetary policy unchanged at Wednesday’s meeting