Posts Tagged ‘Trump deregulation’
Trump Bank Plan and CHOICE Act Offer Starkly Different Approaches: What Are the Implications for the Finance Compliance Industry?
At first glance, the recently released Treasury report on banking regulation (Report) adds to a confusing array of proposals to reform U.S. financial regulation. But on closer look, the Report is a relatively balanced assessment of the drawbacks of the existing regulatory framework and a path forward to remedy some of the law’s deficiencies. This is especially…Read More
Financial CHOICE Act v. 2: Reducing Protections Against Systemic Risk
The nearly 600-page Republican bill to deregulate the financial markets moved forward in the House earlier this month, exiting the Financial Services Committee on May 4. Emboldened by the results of the 2016 election, the bill takes a considerably more aggressive approach than the original Financial Choice Act introduced in the last Congress. The next…Read More