Washington enters 2025 with a policy landscape set for significant realignment as the Trump administration returns to office. Slim Congressional margins and pressing deadlines will complicate efforts to advance legislation. Meanwhile, key appointments at financial regulatory agencies, including Treasury, the OCC, the CFPB and the SEC, and other agencies across the administration will guide the implementation of financial services policy and other domestic priorities. 

When corporate profits are plummeting, people often say, “They’re having financial problems.” In reality, however, the numbers are the symptom and not the disease. The underlying disease—almost always—is mismanagement of the people, processes and systems through which a company provides its products and services. For that reason, operational restructuring, in tandem with financial restructuring, can produce significantly better bottom-line results than those created by financial restructuring alone.