The Treasury Wants Help Creating a Financial Inclusion Strategy. Industry Suggests Reining in the Regulators

Also, Treasury deputy renews his pitch to lawmakers for more authority on digital assets

The Treasury Department put out a call late last year for help developing a national strategy to bring more minorities and low-income people into the financial system. It may not have expected the decidedly pointed response that came in from a number of companies and industry trade groups: Rein in the regulators, especially Gary Gensler.

“Under Chairman …