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Trump Would Sharply Cut Wall Street Regulations

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Reuters: “A second Trump White House would seek to sharply reduce the power of U.S. financial regulators… The ideas include curtailing the Dodd-Frank Act, a set of post-2008 financial crisis rules intended to reduce systemic risk.”

“Another idea is to make it easier for private companies to raise capital — in turn opening access to less transparent and more difficult-to-trade private funds and securities. More recent policy ideas include attacking ESG investments and disclosures… or potential dramatic cuts to staff at regulators through a mechanism known as Schedule F.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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