US Treasury prepares to streamline banking regulators, Semafor reports

March 24 (Reuters) - The U.S. Treasury Department is preparing recommendations for streamlining some banking regulators, Semafor reported on Monday, as it seeks a stronger role in the oversight of the nation's biggest lenders.

The recommendations could impact the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation, the report said, citing three people familiar with the process.