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Factbox-Trump’s Fed eased bank rules. Now what can Democrats roll back?

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Reuters

By Pete Schroeder WASHINGTON (Reuters) – Under Republican leadership appointed by former President Donald Trump, the U.S. Federal Reserve eased a raft of bank rules and requirements introduced following the 2007-2009 financial crisis, arguing they were too blunt and onerous. With a new Democratic nominee due to fill the Vice Chair for Supervision role vacated last month by Randal Quarles, who led the regulatory overhaul, the Fed is expected to take a hard look at reversing many changes of the past four years. Here are some of the most contentious changes which Democrats, advocacy groups and th…

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