Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Regulatory climate idiocy will get swept into the ash bin of history in @realDonaldTrump 2.0: Trump has repeatedly said he wants much less regulation than now exists. A person who regularly speaks with him on economic matters said Trump would be “sure” to “go after all of this… https://t.co/EdCAyvOAPg
A second Trump White House would seek to sharply reduce the power of U.S. financial regulators, according to a review of public documents and interviews with people allied with the former president. https://t.co/bFMhuDptrl
If Trump wants to push through deregulation, then his best path is at the agency level doing basically a reverse-Gensler Which is funny b/c the GOP and Dems will have to switch sides on how they feel about the SEC/Fed making rules without explicit legislative backing https://t.co/aWyJwjVfVw
If Donald Trump wins the presidency again, he plans to provide more tax breaks to billionaires and significantly reduce financial regulations, potentially reversing reforms and altering the U.S. financial regulatory system. This move is expected to impact the power of U.S. financial regulators and could lead to a major shift in regulatory climate and policies.