Trump's Transition: The Risks of Bank Deregulation

The video discusses the state of financial institutions, focusing on Trump's campaign promises versus his actions, particularly regarding deregulation and the Glass-Steagall Act. It examines the lessons from the 2008 financial crisis, critiquing the Obama administration's regulatory approach. The discussion also covers potential future regulatory strategies, including higher capital requirements and the impact on small versus large banks.

What was the significance of Glass-Steagall in the context of the discussion?

What lessons were supposedly learned from the financial crisis, and how might they be misinterpreted?

How did the Obama administration's approach to financial regulation differ from what was proposed by Trump?