Moving From The Duplicative Fines Of The Financial Crisis

By Neil Bloomfield and Kristen Kenley (June 26, 2018, 5:47 PM EDT) -- President Donald Trump promised to "get rid of the redundancy and duplication that wastes your time and your money."[1] One way the Trump administration may be keeping this promise is by eliminating the uncoordinated and duplicative investigations and fines by multiple federal regulatory authorities that many financial institutions experienced coming out of the financial crisis. This shift began with an announcement by the U.S. Department of Justice and is spreading to federal regulators....

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