High On Trump’s Priority List—Dismantling The Dodd-Frank Act

Vault

President-elect Donald Trump is beginning to convert some of the populist rhetoric expressed on his campaign trail into policy, and high on his list of priorities—according to his transition website—is scrapping the Dodd-Frank Act.

Trump’s transition team says via the site that the regulations enacted to combat the financial crisis are allowing Wall Street banks to grow even bigger on the taxpayer’s dime. The team pledges to dismantle and replace it with regulations that will promote job growth and boost the economy, Bloomberg reports.

The transition site also touches on several other policies the GOP president-elect mentioned during his campaign, including his plan to call a temporary moratorium on new regulations so they can be reviewed. [Bloomberg]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Soaring Yields Strand REITs In M&A No-Man’s-Land

How UK Investment Giant L&G Plans To Grow Its U.S. Multifamily Holdings

Properties Owned By REIT Accused Of Fraud To Be Auctioned Off

LS Power Raises $6B To Capitalize On Data Center Power Demand

DHS Buys 3 More Detention Facilities From The Geo Group For $950M

CRE Finance Sentiment Index Falls To 3-Year Low As Economic Fears Mount

Oprah-Backed Health Food Chain Files For Bankruptcy, Seeks To Exit Leases

Fund Affiliated With Michael Dell Takes $1B Swing At Senior Housing

Multifamily's Days As Commercial Real Estate's 'Golden Child' Are Over

Denver Construction Costs On The Rise, Surpass National Increases

Real Estate Fundraising Shrinks, Targets Get Smaller

Structural Design Decisions Can Box Owners In. The Right Partner Can Help Them Make More Informed Decisions