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Capitol Account

Despite the Republican Takeover, BlackRock's Tussle With the FDIC Continues

Also, Scott wants McKernan on the job ASAP; CFPB internal emails hit court docket; new financial regulatory lawyers at ICI and other job changes

Mar 06, 2025
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Since Donald Trump took office, his financial regulators have been busy driving a stake through their predecessors’ agendas. But while the election shifted the playing field on a whole lot of regulatory matters, some things haven’t changed. One example: BlackRock’s tangle with the FDIC over the firm’s bank holdings.

During the Biden administration, the b…

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