Trump admin doesn't need legislation to revamp regs

US Election 2016 White House Fotolia 230x150
By Sam Kerr
14 Mar 2017

Policy experts told the Institute of International Bankers' annual Washington, DC meeting that the Trump administration can transform the US regulatory environment, even if it can't get legislation through Congress quickly.

There is movement behind the scenes to get a new version of last year’s Choice Act through the House Financial Services Committee, said sources.

The act would eliminate risk retention for various securitized asset classes and ease the regulatory burden for banks and other financial institutions involved in ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial