Trump Should Reform Financial Watchdogs. Here’s How
Bloomberg reports that simplifying oversight of markets and banking would make the system safer. It won’t be easy.
News that President-elect Donald Trump’s team wants to hack away at the forbidding tangle of US bank regulation is welcome in the abstract. In practice, though, much will depend on the details. The goal should be simplifying financial oversight more broadly — not just defanging a tough watchdog. No doubt, the current system is unwieldy. At the federal level —... ...
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