"The US Treasury Department no longer intends to take a backseat in US bank regulation and is moving to the driver's seat instead.

Speaking at the American Bankers Association's Washington Summit on April 9, US Treasury Secretary Scott Bessent laid out a road map for the future of US bank regulation, a task given to him by President Donald Trump. Among those potential changes are tailored regulations for community banks, increased focus on financial risk versus management and governance, modernized capital requirements and reassessed capital buffers for large banks."