Oksana Bogaevskaya

• Occupation: Candidate of Sciences (Economics), Senior Research Fellow at the Center for North American Studies, IMEMO RAS
• Affiliation: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO)
  
• Address: Russian Federation, Moscow

Vasilisa Kulakova

• Occupation: Candidate of Sciences (Political), Senior Research Fellow at the Center for North American Studies, IMEMO RAS
• Affiliation: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO)
  
• Address: Russian Federation, Moscow, 23, Profsoyuznaya st., Moscow, 117997, Russian Federation

The article examines regulation of foreign banking organizations on the U.S. territory after the 2008-2009 crisis. During B. Obama's presidency U.S. adopted a more stringent set of banking rules in its national jurisdiction, compared to international norms of Basel III. Under D. Trump financial regulators have set forth plans to normalize this imbalance. Moreover, the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 had even further aggravated disparity having created a possible competitive disadvantage for foreign banks. The authors come to the conclusion that this pendulum is a mechanism of promoting American leadership in the global economy and finance.