Original Content
Elizabeth Warren and other senators accused the regulatory agencies of pursuing “pernicious” changes to bank supervision that would further tie examiners’ hands.
Democrats urge FDIC, OCC to scrap ‘unsafe,’ ‘unsound’ change
AI Summary
Senators criticize regulatory agencies for changes they believe will weaken bank supervision; no explicit action items or deadlines mentioned.
Texas Relevance
The article does not explicitly mention Texas, TCUD, or any Texas-specific entities. The content is broadly about federal regulatory changes and criticisms from senators, which are applicable nationwide.