Trump Takes Aim at Banking Rules: Deregulation, Digital Assets & Consumer Safeguards Under Pressure

By [HPT NEWS] Published: July 6, 2025 Washington, D.C. — Six months into his second term, President Donald J. Trump has taken a sledgehammer to the post-crisis banking reforms that defined much of the last decade. With sweeping regulatory rollbacks, a near-paralysis of the Consumer Financial Protection Bureau (CFPB), and a deregulatory blitz in digital finance, the Trump administration is aggressively remaking the U.S. financial system in its image. For some in the financial world, it’s a long-overdue liberation. For others, it’s a dangerous gamble—one that may leave working Americans more exposed to risk than ever before. This isn’t just about bank policy. It’s about who holds power in America—and who bears the cost when that power goes unchecked. A New Era: Deregulation at Full Speed When Trump took office again in January 2025, many expected a rollback of Biden-era regulations. Few anticipated the speed and scope with which he would dismantle key financial protections. ...