Endgame for Endgame?

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The story "Endgame for Endgame?" was covered 1 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times 1w ago

Quick Summary:

This was done in the hope that a Trump victory would bring in a new set of players, allowing the Endgame to be substantially weakened, or cancelled altogether.

The Trump victory will presumably be seen as a massive victory for bank lobbyists, as they put together their wish lists. Those wish lists include the repeal of a number of predatory lending rules and credit card fee regulations and easier mergers.

For most of 2024, the banks’ political strategy was to try and delay the implementation process, hopefully trigger another round of consultation, but in any event to push Endgame to the other side of the elections.