Crapo: US Treasury reforms will be ‘complicated’

Democrats unlikely to back changes that benefit big banks, Senate banking committee chair says

Mike Crapo: some US regulatory agencies "do not feel accountable"

Passing legislation to enact the recommendations of the US Department of the Treasury’s review of financial regulations is likely to be “complicated”, a senior lawmaker has said. Around a fifth of the recommendations are estimated to require legislative change and Democrats are in no mood to support their Republican counterparts.  

“It’s going to be complicated for sure, both in terms of the subject matter and the scope we have chosen for our legislation, but also in terms of the politics,”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here