Future Of Dodd-Frank Uncertain Under Trump

Law360, New York (November 10, 2016, 1:58 PM EST) — President-elect Donald Trump has publicly said he’d like to eliminate the Dodd-Frank Act that established more oversight of the financial industry, but because he hasn’t given many specifics, experts say they’re not sure what provisions he wants to eliminate or what, if anything, would take its place.

Ultimately, any action is going to come down to where banking and securities regulations fall on Donald Trump’s list of priorities. (AP) What is certain is that congressional Republicans have long had Dodd-Frank in their cross-hairs. These legislators may…

Source: Law360

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