Trump Will End Bank Rules. No He Won’t. A Guide for the Puzzled
By Yalman Onaran
U.S. bank stocks have jumped 14 percent since the election of Donald Trump, partly on hopes he will dismantle regulation. Here’s how the new president might change rules that have made the financial system safer since the 2008 crisis, from most likely to least. … Unlike other measures of bank safety, the leverage ratio doesn’t allow for adjustments based on the perceived riskiness of holdings. Many Democrats could support this provision for small banks, though not for the largest ones, according to Karen Shaw Petrou, co-founder of Washington-based Federal Financial Analytics. Because most smaller banks already meet that 10 percent minimum or could reach it with relative ease, that would in effect exempt them from hundreds of new rules.