Washington lacks muscle for major regulatory change

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

Wall Street workers hoping for a regulatory sea change under president Donald Trump are going to have to adjust their expectations, as empty posts at all levels of government are set to hinder lasting reform.

Republicans in Congress have named healthcare reform as their top priority. This has already proven to be a monumental task given pushback from Democrats, in addition to big divides among Republicans themselves.

With tax reform and infrastructure spending likely to be next up on the agenda, financial regulatory ...

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