Agustin Carstens on Regulation in Wake of Trump Victory

The video discusses the impact of global banks pulling back from markets and its implications on the global economy, particularly in the context of recovering from a financial crisis. It also explores the potential for regulatory changes in the United States under the Trump administration, emphasizing the need for simplification and understanding of regulations while maintaining safety levels.

What is one potential benefit of global banks having a narrower scope?

• More complex regulations

• Increased market volatility

• Higher administrative costs

• A safer financial environment

What has been the general consensus among regulators regarding financial safety?

• Post-crisis regulations should be rolled back

• Banks should expand their market reach

• A safer financial environment is necessary

• Regulations should be more complex

What is a key concern of the Secretary of Treasury-elect regarding current regulations?

• They are too simple

• They are too strict

• They are too complex

• They are too lenient

What is the stance of the Secretary of Treasury-elect on regulation simplification?

• He opposes simplification

• He wants to make regulations more complex

• He is indifferent to simplification

• He supports simplification

What is the potential impact of simplifying regulations according to the discussion?

• Decreased compliance

• Increased administrative costs

• Enhanced compliance

• More financial instability