Capitol Account

Capitol Account

Trump's Regulators Spark a Bank Charter Boom

Also, SEC tells Supreme Court that gag rule challenge is now moot

May 27, 2026
∙ Paid

The Trump administration’s regulators can hardly open their mouths without touting their support for financial innovation. When it comes to start-up banks, their actions may be speaking even louder than their words.

New charter applications, which have been moribund since the 2008 crisis, are suddenly experiencing a boom thanks to interest from fintech a…

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