
Banks lobby US regulators for national standards - report

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U.S. banks are lobbying the Office of the Comptroller of the Currency for national banking standards to override state regulations. This push aims to create uniform rules on lending and investment services, particularly to limit state influence over banking operations. Major banks, including JPMorgan Chase, support these national standards to prevent discrimination based on political or religious beliefs. The lobbying efforts are expected to intensify following discussions with the OCC. In premarket trading, stocks of major banks showed slight increases.

