Donald Trump opposed Wall Street regulations in past interviews

Donald Trump remained relatively silent on financial regulation during his presidential campaign but past interviews reviewed by CNN’s KFile show his support for deregulating the financial industry and reveal how a Trump administration may deal with Wall Street.

In the days after Trump’s victory, the Dow Jones Industrial Average unexpectedly soared to record highs. On the campaign trail, the president-elect has promised to repeal the 2010 Dodd-Frank law that imposed regulations on the financial industry in the aftermath of the Great Recession, but did little to tip his hand on how he would approach financial regulation as a whole.

In interviews with Fox News and CNBC in 2011 and 2012, Trump expressed his deep disbelief in the effectiveness of regulations in general.

Read on.


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