The Future of Financial Regulation: Is Dodd-Frank Doomed?

The transcript discusses potential changes in financial regulations under President Trump, focusing on the GOP's stance, the influence of the populist wing, and market expectations. It highlights possible regulatory changes without congressional approval, such as the fiduciary rule, and the challenges in deregulating financial laws. The financial costs of reversing regulations are also examined, considering the investments banks have made to comply with existing laws.

What is the most likely financial regulation change expected under President Trump?

• A full repeal of Dodd-Frank

• The Choice Act gaining traction

• Increased capital requirements

• Introduction of new financial regulations

Which part of the Dodd-Frank Act does the GOP want to preserve?

• Consumer protection measures

• Fiduciary rule

• Capital requirements

• Volcker Rule

What is a potential unilateral action President Trump could take regarding financial regulations?

• Amend the fiduciary rule

• Increase bank taxes

• Repeal the Volcker Rule

• Introduce new trade restrictions

What is a challenge associated with rolling back financial regulations?

• High costs of undoing compliance

• Decreased market competition

• Loss of investor confidence

• Increased bank profits

Why might banks be silent on the prospects of deregulation?

• They are waiting for new leadership

• They expect immediate deregulation

• They have invested heavily in compliance

• They support more regulations