Trump to Order Dodd-Frank Review, Halt Fiduciary Rule

Trump to Order Dodd-Frank Review, Halt Fiduciary Rule

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses potential regulatory changes in the banking sector, focusing on the simplification of regulations like the fiduciary rule and Dodd-Frank. It highlights the administration's aim to increase bank lending, especially to small and medium-sized businesses, while addressing concerns about capital rules and the Volcker Rule. The discussion also touches on political conflicts and the impact of these changes on investors and businesses.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do the capital requirements discussed differ between the administration and congressional Republicans?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns raised about the Dodd-Frank Act and its impact on the banking system?

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