[Economist Krugman Warns Trump Allies of Weakening Financial Regulations] Economist Paul Krugman has warned that Trump's allies are dismantling the regulatory measures established after the 2008 financial crisis to prevent future crises. He pointed out that Federal Reserve Governor Bowman, appointed by Trump, is advocating for the relaxation of bank capital requirements, which may increase short-term bank profits but heighten the risk of crises. Additionally, Krugman mentioned that the Trump administration is promoting the development of stablecoins through the 'GENIUS Act,' warning that inadequate regulation of stablecoins issued by companies like Tether could pose systemic risks.