Financial Regulation in the Era of Donald Trump

Abstract

In the aftermath of the 2008 financial crisis, the focus of politicians in both parties was to punish banks and other financial services companies for a variety of offenses, real and imagined. In many respects, the provisions of the Dodd-Frank law were designed to chastise banks and other companies for perceived wrong doing, especially abuses of consumers. How will the Administration of Donald Trump deal with this legacy and the broader questions of financial regulation? How does regulation rank on the larger list of priorities that includes tax reform, trade, health care and immigration, to name but a few major policy areas.

Keywords: Dodd-Frank Act; financial regulation; reform

JEL Classification: K22, K23, P11, P41