Trump to Order Dodd-Frank Review, Halt Fiduciary Rule

The transcript discusses potential regulatory changes in the banking sector, focusing on the simplification of regulations like the fiduciary rule and Dodd-Frank. It highlights the administration's aim to increase bank lending, especially to small and medium-sized businesses, while addressing concerns about capital rules and the Volcker Rule. The discussion also touches on political conflicts and the impact of these changes on investors and businesses.

What is the administration's main goal in simplifying banking regulations?

• To reduce the number of banks

• To allow banks to lend more money

• To increase taxes on banks

• To increase bank profits

What has been the trend in small business loans since 2013?

• Fluctuating without a clear trend

• Staying the same

• Increasing by 2% every quarter

• Decreasing by 2% every quarter

What does the fiduciary rule aim to address?

• Reducing the number of financial advisors

• Increasing bank profits

• Conflicts of interest in financial advising

• The best interests of financial advisors

Which international regulations influence capital rules in the US?

• The Fiduciary Rule

• The Federal Reserve Act

• Basel International regulations

• The Volcker Rule

What is one of the main concerns regarding the Volcker Rule?

• It reduces the number of small businesses

• It allows for more bank mergers

• It restricts proprietary trading

• It increases bank profits