Financial Firms Have Lots of Ideas for Scrapping Rules. They Also Want Some New Ones

Also, Chamber's Quaadman decamps to ICI; Pulte interprets Trump's Fannie, Freddie tweets; House Financial Services releases crypto market structure bill

With Russell Vought asserting more power over independent agencies and displaying an eagerness to excise scores of federal rules, it didn’t go unnoticed on K Street when the OMB director (and acting CFPB chief) asked for ideas about where to aim his wrecking ball.

“For too long, American dynamism and creativity have been stunted by onerous and unnecessar…