Donald Trump, Dodd-Frank Hopes Boost Bank Stocks

The video discusses the financial sector's response to Trump's election victory, focusing on his plans to roll back regulations like the Dodd Frank Act. It highlights Trump's alignment with congressional Republicans and the potential impact on small banks. The discussion also addresses the conflict between populist sentiments against big banks and deregulatory policies that may benefit them.

What was one of the main reasons financials gained after Trump's win?

• Stronger dollar

• Higher corporate taxes

• Promises to roll back regulations

• Increased interest rates

Which act did Trump and congressional Republicans aim to roll back?

• Dodd-Frank Act

• Sarbanes-Oxley Act

• Gramm-Leach-Bliley Act

• Glass-Steagall Act

What is the 'off-ramp' of Dodd-Frank intended to do?

• Strengthen the Durbin amendment

• Introduce new banking regulations

• Remove Volcker Rule and reduce CFPB's power

• Increase taxes on big banks

What contradiction is highlighted within the Republican caucus?

• Increasing regulations while promoting deregulation

• Supporting big banks while criticizing them

• Supporting small banks while opposing them

• Reducing taxes while increasing spending

What challenge is mentioned regarding translating campaign rhetoric into policy?

• Lack of support from Democrats

• Conflicts within the Republican caucus

• Insufficient economic data

• Opposition from international banks