Davies: 'Hard to Tell' Trump's Impact on DOJ's RBS Probe

The video discusses the implications of deregulation on Wall Street, focusing on banking regulations and leverage ratios. It highlights the potential divergence in global banking frameworks between the US and Europe. The impact of political changes, such as the firing of Sally Yates, on the RMBS probe is considered. Finally, it explores the anticipated reactions to President Trump's visit to Europe, including issues like NATO alignment and travel bans.

What is the main tradeoff discussed in the proposed changes to banking regulations by Jeb Hensarling?

• Increased government control over banks

• Higher leverage ratios in exchange for less detailed regulations

• Complete deregulation of banks

• Lower leverage ratios with more detailed regulations

What challenge does the proposed US banking regulation pose to the global framework?

• It diverges from Basel's standards, creating a potential regulatory split

• It requires European banks to adopt lower leverage ratios

• It aligns perfectly with Basel's current standards

• It encourages global banks to merge

What is the uncertainty surrounding the RMBS probe related to?

• The implementation of new travel bans

• Changes in NATO policies

• The appointment of a new Secretary of State

• The firing of the District Attorney, Sally Yates

How might President Trump's travel bans affect his reception in Europe?

• They will likely lead to widespread support

• They may cause significant opposition

• They will be welcomed by all European countries

• They will have no impact on his reception

What is a key factor that will influence President Trump's stance towards Europe and NATO?

• His personal views on climate change

• His economic policies

• His relationship with the European Union

• His alignment with his Defense Secretary and Secretary of State