ECB vice-chair criticises US banking deregulation plans

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ECB vice-chair criticises US banking deregulation plans

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US President Donald J. Trump (L) listens as Secretary of Treasury Steven Mnuchin delivers remarks in the US Treasury Department building in Washington, DC, USA, 21 April 2017. President Trump is making his first visit to the Treasury Department for a memorandum signing ceremony with Secretary Mnuchin. Credit: Shawn Thew / Pool via CNP - NO WIRE SERVICE - Photo: Shawn Thew/Consolidated News Photos/Shawn Thew - Pool via CNP | Shawn Thew/DPA/PA Images

Sabine Lautenschläger, vice-chair of the supervisory board of the European Central Bank (ECB), has said that deregulating the financial system would be a "big mistake".

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