The Federal Deposit Insurance Corporation (FDIC) has approved the rescission of a policy that mandated increased regulatory scrutiny for U.S. bank mergers, a move that aligns with the Trump administration's efforts to reduce oversight in the banking sector. This decision was made public on March 3, 2025, and is part of a broader withdrawal of two additional Biden-era proposed rules. The FDIC's actions have been met with support from some financial committees, which argue that this will alleviate uncertainty in bank mergers and promote a healthier banking environment. Meanwhile, a federal judge in Washington, D.C., has maintained a pause on mass firings at the Consumer Financial Protection Bureau (CFPB) while deliberating on the implications of the Trump administration's attempts to undermine the agency. Judge Amy Berman Jackson is currently weighing conflicting claims regarding the CFPB's future and has summoned a senior official to testify next week. This legal scrutiny comes amidst concerns that the dismantling of the CFPB could have adverse effects on consumer protection in the financial sector.