REUTERS/Jason Reed
- The Clearing House (TCH) and the Financial Services Roundtable (FSR), which both count the likes of Citigroup, Bank of America and JP Morgan Chase among their members, will combine.
- Big banks, long-reviled in Washington, have been beefing up and refocusing their external and internal lobbying operations in a bid to capitalize upon President Trump’s pledge to relax financial rules introduced following the 2007-2009 financial crisis.
WASHINGTON (Reuters) – Two of Wall Street’s largest Washington-based trade groups said they were merging on Tuesday, as big banks rethink their lobbying strategies under the business-friendly administration of Donald Trump.
The Clearing House (TCH) and the Financial Services Roundtable (FSR), which both count the likes of Citigroup, Bank of America and JP Morgan Chase among their members, will combine to form a single group to push policy changes in the nation’s capital.See the rest of the story at Business Insider
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