Why Should We Let a Multinational Dictate U.S. Banking?

President-elect Trump seized on voter frustrations with the economy on his path back to the White House. The incoming administration has made clear they believe the election results afford them a mandate to govern, and with that the expectation of enhanced growth will be paramount. One of the key features of the economic puzzle the new administration will try to put together is banking, and specifically what opportunities are ahead of them to decide what to cut, what or how to regulate, and what to deregulate. In this case, the Basel III Endgame regulations should be top of their list. 

 

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