The Trump administration is considering merging the FDIC and OCC to reduce the power of banking regulatory agencies

Odaily Planet Daily News: The Trump administration is considering integrating banking regulatory agencies and may attempt to merge the Federal Deposit Insurance Corporation (FDIC) into the Treasury Department without congressional approval, and merge its regulatory functions with the Office of the Superintendent of Currency (OCC). The plan aims to reduce the power of banking regulatory agencies and increase direct government control over the financial industry. （WSJ）