The New Push to Refocus Bank Supervision

The New Push to Refocus Bank Supervision

June 2, 2026 · 35 min · Season 7 · Episode 18

About this episode

Andrew Olmem discusses the rapid changes in financial regulation under the second Trump administration and the implications for bank supervision.

Andrew Olmem, managing partner of Mayer Brown's Washington office and a former deputy director of the National Economic Council, talks about how the second Trump administration has moved much faster than the first to reshape financial regulation. He discusses why he believes bank supervision became too bureaucratic and too focused on process, how the administration is approaching capital and the Fed, and what stablecoins, the Clarity Act and OCC preemption could mean for the future of the regulatory system.

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