How President-Elect Trump Could Benefit Banks

The video discusses President-elect Trump's financial priorities, including his views on carried interest, Glass Steagall, and Dodd Frank. Alan Greenspan's perspective on repealing Dodd Frank is highlighted, along with the Choice Act. The complexity of reinstating Glass Steagall is explored, and the financial industry's mixed reactions to Trump's potential policies are examined.

What was one of the financial priorities mentioned by Trump during his campaign?

• Increasing taxes on hedge funds

• Expanding Dodd-Frank regulations

• Reinstating Glass-Steagall

• Supporting large unregulated banks

What did Alan Greenspan suggest regarding Dodd-Frank?

• Strengthening its regulations

• Repealing it and increasing equity to asset ratios

• Maintaining it as is

• Replacing it with Glass-Steagall

What is a feature of the Choice Act discussed by Jeb Hensarling?

• Increasing capital requirements for certain banks

• Lowering capital requirements for banks

• Merging small and large banks

• Eliminating all banking regulations

How does the financial services industry view Trump's presidency?

• Negative due to increased taxes

• Neutral with no significant impact

• Positive due to fiscal discipline and regulatory reform

• Entirely negative due to trade policies

What challenge does Trump face regarding his campaign rhetoric and policy implementation?

• Increasing taxes on financial services

• Focusing solely on trade policies

• Ignoring campaign promises

• Aligning rhetoric with policy