Morning Scan: Trump Has Dodd-Frank Plans, Mum on Fannie, Freddie
11/14/16
Wall Street Journal
Dismantling Dodd-Frank: Rather than fully repealing the Dodd-Frank act, Donald Trump's transition team is instead looking at dismembering the parts of it that "Republicans find most objectionable," according to the Wall Street Journal. One part they want to jettison is the Financial Stability Oversight Council's authority to designate large nonbanks as "systemically important." Another priority is overhauling Title II, which gives regulators the authority to take over a failing bank and liquidate it...
[more]- Feeds Categories: