Politico reported on the White House's plans to ease the rules for large banks

The administration of US President Donald Trump plans to relax the capital adequacy requirements of the largest American banks, introduced by regulators in response to the 2008 financial crisis. This was reported by the Politico newspaper on Saturday, May 31.

According to the publication, the Federal Reserve System (FRS), the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency are working together on a plan to reduce requirements.

Treasury Secretary Scott Bessent has previously stated that reducing capital requirements is a "top priority" for federal banking agencies. And he added that he expects actions on this issue "in the summer."

War to war: The White House is suing for the right to impose trade duties

The decision to block the "Trump tariffs" lasted only one day, but the fight has only just begun.

Earlier, on May 30, the U.S. Court of Appeals reinstated Trump's trade duties. At the same time, the new decree does not contain any specific definitions and "creates new uncertainty about the fate of Trump's tariffs."