President Donald J. Trump signed a joint resolution nullifying a Department of Labor rule that created a "safe harbor" from ERISA regulations for local government-run retirement plans.

New SRO rule changes and proposals were announced by the SEC for the week of April 10 to April 14, 2017.

House Financial Services Committee Chair Jeb Hensarling and Representative Roger Williams said the Financial CHOICE Act would rein in the CFPB, toughen penalties for financial fraud and remake the CFPB as the "cop on the beat."

The Chicago Fed published a staff policy paper highlighting the major business model and risk profile differences between central counterparties and banks.

In response to the release of the semi-annual report of the Global Capital Index, FDIC Vice Chair Thomas Hoenig expressed concern that the banking sector remains highly leveraged and provides the lowest return on equities when compared with other major U.S. industries.