Trump Unleashes Biggest Financial Deregulation Since 2018, Scrapping Basel III and Bank Merger Rules

The Trump administration moved to dismantle Basel III capital requirements and relaxed bank merger oversight rules, marking the most sweeping financial deregulation since the 2018 rollback of Dodd-Frank. Federal banking regulators withdrew proposed rules requiring large banks to hold more capital against losses, and the DOJ signaled it would apply minimal antitrust scrutiny to bank consolidations.