Trump’s transition team has announced it will set out to dismantle the Dodd-Frank Act, the sweeping legislation passed by the US Congress in 2010 to address problems underlying the 2008-2009 financial crisis, as well as temporarilily suspend all new regulation in the financial sector. Photo: AFP
Alun John
Opinion

Opinion

Across The Border by Alun John

Regulations remain biggest headache for banking sector – but President Trump could be about to become its new best friend

Already the president-elect has pledged to dismantle at least one complex piece of financial legislation

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Trump’s transition team has announced it will set out to dismantle the Dodd-Frank Act, the sweeping legislation passed by the US Congress in 2010 to address problems underlying the 2008-2009 financial crisis, as well as temporarilily suspend all new regulation in the financial sector. Photo: AFP
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