Martin Gruenberg, the Chief of the Federal Deposit Insurance Corporation (FDIC), has warned that there could be a high price for reducing bank regulations. His comments, reported by the Financial Times, highlight concerns about potential risks associated with deregulation in the banking sector. Additionally, BlackRock has identified three key factors that could lead to a shift in its investment strategy towards a more risk-averse approach. These developments reflect growing apprehension among financial watchdogs regarding the implications of regulatory changes and market stability, particularly in light of climate change, which has also been cited as a potential trigger for market panics.