Market
Which financial regulatory agency will see a reduction in powers under the Trump administration by the end of 2025?
3
Trump•Washington•Federal Deposit Insurance Corporation•FDIC•Wall Street Journal•Donald Trump•Department of Government Efficiency
Resolution / Starting Odds
SEC powers reduced • 25%
OCC powers reduced • 25%
CFPB powers reduced • 25%
No changes • 25%
Official announcements or credible news reports
Story
Trump Transition Team Explores Abolishing FDIC, Per WSJ
Dec 13, 2024, 12:03 AM
The Trump transition team is exploring options to significantly reduce or eliminate key financial regulatory agencies in Washington, including the Federal Deposit Insurance Corporation (FDIC). According to reports from the Wall Street Journal, advisers to President-elect Donald Trump have been discussing the potential abolition of the FDIC and other top bank watchdogs. These discussions include inquiries to potential nominees about the feasibility of such drastic changes. The move is seen as part of a broader initiative to streamline government operations, with the Department of Government Efficiency (DOGE) also involved in these considerations.
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Similar markets
No change • 25%
Expansion of functions • 25%
Moderate reduction • 25%
Significant reduction • 25%
Abolished • 25%
Restructured but remains independent • 25%
No significant changes • 25%
Merged with another agency • 25%
Treasury Department • 25%
FDIC • 25%
Other • 25%
A new agency • 25%
Both abolished • 25%
FDIC abolished • 25%
Neither abolished • 25%
CFPB abolished • 25%
Other • 25%
Federal Reserve • 25%
Office of the Comptroller of the Currency • 25%
Federal Deposit Insurance Corporation • 25%
No • 50%
Yes • 50%
Other • 25%
Clarity on crypto asset classification • 25%
Tax incentives for crypto businesses • 25%
Reduced crypto trading restrictions • 25%