US reportedly plans to slash bank rules imposed to prevent 2008-style crash

Watchdogs could cut capital rules as Trump’s deregulation drive opens door to rollback of post-crisis protectionsBusiness live – latest updatesUS watchdogs are reportedly planning to slash capital rules for banks designed to prevent another 2008-style crash, as Donald Trump’s deregulation drive opens the door to the biggest rollback of post-crisis protections in more than a decade.The move follows heavy lobbying by the banking industry, with lenders such as JP Morgan and Goldman Sachs having long complained that competition and lending have been hindered by burdensome rules governing the assets they must hold versus their liabilities. Continue reading...

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Donald Trump issues brutal slapdown to France over WW2 surrender

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ICE says couple drove on the ‘wrong side of the road’ to cause a collision with agents as they conducted searches in the area

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Latvia warns public that ‘unkempt tourists’ might actually be Russian spies

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