A top U.S. banking regulator is pushing back against calls to undo sweeping reforms enacted following the 2008 mortgage crisis, even as President-elect Donald Trump pledges to dismantle key rules designed to make financial institutions safer.
Comptroller of the Currency Thomas Curry told a roomful of bankers in New York Wednesday that a rollback should be avoided. Curry, who was appointed by Obama for five years beginning in April 2012, told reporters after his speech that he planned to remain in his post until end of his term.
