House GOP To Drive Trump’s Banking Policies
Law360, New York (November 9, 2016, 2:38 AM EST) -- Financial regulations never became a major talking point during President-elect Donald Trump’s successful run for the White House, but now that he's set to take office experts say that the views of conservatives in the U.S. House of Representatives are likely to hold sway on the issue.
Although Trump has said he wants to repeal President Barack Obama’s tentpole financial reform law, the 2010 Dodd-Frank Act, and institute a moratorium on all new regulations, the Republican Party platform called for reviving the Glass-Steagall Act, the Depression-era law that separated traditional and investment banking activities.
But despite those conflicting proposals, experts say...
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