Relevant:
- Small and midsized banks could get regulatory relief from Senate. Wall Street? Probably not
- Wall Street's Regulators Move Deeper Into Darkness Under Trump
- Wall Street frets as Volcker Rule nears vote
- Despite Conflicts, Financial Overhaul Proposals Have Merit
- Richard Cordray is stepping down as head of CFPB (RESTORATION OF BANKSTERS IS COMPLETE!)
2017-06-13 — reuters.com
The report relies heavily on... regulators, as the Trump administration cannot count on legislation from Congress. Democrats are resisting major changes to the 2010 Dodd-Frank Wall Street reform law that came out of the financial crisis and was a signature achievement for former President Barack Obama.
Among other things, the Treasury would expand the authority of the Financial Stability Oversight Council, ease up on the Volcker rule, which restricts banks' ability to place speculative market bets, and reduce the authority of the Consumer Financial Protection Bureau.''
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