Cassidy: We Expect Dodd-Frank Law to Be Changed

The video discusses potential changes to the Dodd-Frank legislation under the Trump administration, focusing on the Volcker Rule and its implications for proprietary trading. It examines the impact of regulatory changes on both community and big banks, highlighting the increased costs for smaller banks due to stress tests. The discussion also covers the consolidation trend in the banking industry and potential winners from legislative changes, such as banks with assets over $50 billion. The video concludes with the expected surge in mergers and acquisitions and the global impact on financial markets, particularly for European banks like UBS and Credit Suisse.

What potential effects could the Shelby bill have on mergers and acquisitions in the banking sector?

How might a stronger economy under Trump affect European banks like UBS and Credit Suisse?