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Trump wants to roll back banking regulations meant to prevent the type of risky behavior that crashed markets a decade ago

Business Insider Wednesday, 16 May 2018
Trump wants to roll back banking regulations meant to prevent the type of risky behavior that crashed markets a decade ago· *President Donald Trump and his administration are expected to scale back provisions of the Volcker Rule, which is designed to combat exorbitant risk-taking by banks.*
· *Those financial-system excesses were largely blamed for the financial crisis a decade ago.*
· *Banks were among the market's biggest gainers immediately...
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News video: Trump To Roll Back Banking Regulations?

▶ Trump To Roll Back Banking Regulations? 00:45

amid expectations of reduced regulation, bank stocks surged following Donald Trump's election victory. It now looks as if the president is ready to follow through. Backed by the Federal Reserve and assorted regulatory agencies, the Trump administration is planning to propose an overhaul to the...

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