09:39 AM EDT, 03/24/2025 (MT Newswires) -- The Treasury Department is drafting recommendations to streamline bank regulators like the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp., Semafor reported Monday, citing three people familiar with the process.

Treasury officials are expected to complete the recommendations in the coming weeks, after the Senate confirms key nominees, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 244.91, Change: +3.28, Percent Change: +1.36