Is Dodd-Frank Repeal on the 100-Day Trump Agenda?

The video discusses Steve Mnuchin's role in Trump's administration, focusing on his Goldman Sachs background and the potential repeal of Dodd Frank. It highlights the tension between populist promises and Wall Street interests, with insights from a Vanity Fair story. The discussion covers possible changes to financial regulations, including the Volcker Rule, and their impact on bank lending and economic growth.

What was surprising about Steve Mnuchin's appointment given Trump's campaign stance?

• He was a Goldman Sachs alumnus.

• He was a former critic of Trump.

• He was a known populist.

• He had no financial experience.

What is the primary focus of Steve Mnuchin and Wilbur Ross according to the discussion?

• Making financial gains and deals

• Increasing transparency in government

• Promoting populist policies

• Reducing Wall Street influence

Which element of Dodd-Frank is mentioned as potentially being repealed?

• All 2500 pages of the act

• Higher capital requirements

• Transparency in derivatives

• Volcker Rule

What is one of the benefits of Dodd-Frank that is likely to be retained?

• Complete repeal of the act

• Elimination of the Volcker Rule

• Increased transparency in derivatives

• Reduced capital requirements

What is the core issue with the current financial regulations according to Jamie Dimon?

• They increase transparency too much.

• They encourage excessive risk-taking.

• They stymie banks' ability to lend.

• They are too short and simple.