Dodd-Frank Under Trump: Not a Full Repeal, But a Scaling Back of Select Provisions
It may be unrealistic to expect a full repeal of Dodd-Frank. What is more likely is a scaling back of some of the individual provisions that Republicans find most objectionable, such as the authority to designate large nonbanks systemically important, or the authority to take over a failing financial firm and liquidate it, as opposed to bailing it out. The Trump administration is actually expected to embrace other aspects of the massive law, such as efforts to boost transparency of credit-rating firms. [11/14/16]
