Amid campaign calls for a border wall, tax reform and Obamacare repeal, one of Donald Trump’s signature election promises involved undoing the Dodd-Frank Wall Street Reform and Consumer Protection Act. During 2017, Trump mostly used executive orders to roll back the previous administration’s regulatory architecture, but he largely ignored Dodd-Frank. Yet the broad strokes of financial deregulation have set the stage for more reforms in 2018, according to policy experts Martin Neil Baily and Aaron Klein. getAbstract recommends this informative primer to finance professionals looking for insights into the regulatory landscape.
In this summary, you will learn
- What actions the Trump administration took in 2017 on financial regulation,
- How 2018 financial governance may change and
- What these policy positions mean for large-scale reforms such as the Dodd-Frank Act.
About the Authors
Martin Neil Baily is a senior fellow and Aaron Klein is a fellow at the Brookings Institution.