Facing a significant decline in its banking sector, the United States is exploring whether Canada’s banking model could offer fresh solutions. Data from the Federal Deposit Insurance Corporation (FDIC) shows the number of U.S. banks has fallen by nearly half since 2005, prompting calls for a critical examination of the factors behind this consolidation.

Established after the 2008 financial crash to combat corporate wrongdoing, the Consumer Financial Protection Bureau now faces challenges from the Trump administration.