TBA, ABA, and state bankers associations urge Trump to halt regulatory actions

The Texas Bankers Association, American Bankers Association, and 51 state banking associations are urging President-elect Trump to pause all open regulatory actions on his first day in office and review regulations implemented over the past four years. In a joint letter, they requested a freeze on finalized regulations, an assessment of agency guidance and pending litigation, and a Treasury-led review of recent rules to evaluate their impact on access to capital and credit.

The groups criticized federal agencies, the Consumer Financial Protection Bureau (CFPB), and capital markets regulators for pursuing aggressive policies that disrupt established banking practices. They highlighted examples such as CFPB’s push to restrict further bank fees and merger guidance aimed at discouraging transactions, arguing these actions undermine banks’ ability to serve communities effectively. See the joint letter here.