KBW CEO: Big Banks to Stay Heavily Regulated Under Trump

The transcript discusses potential changes in financial regulation under the Trump administration, focusing on the impact on banks, the role of the CFPB, and amendments to Dodd Frank. It highlights the possible easing of regulations for smaller banks and the implications for economic growth. The future of the CFPB and consumer protection is debated, with suggestions for a bipartisan governing authority. Wall Street's reaction to Trump's policies is optimistic, with expectations of a pro-growth focus.

What are the potential changes that Donald Trump might want to implement in the financial industry?

How might the rollback of regulations affect lending and business activity according to the text?

What are the implications of the CFPB's director operating independently?

What is the significance of the $50 billion threshold mentioned in relation to Dodd Frank?

In what ways do smaller banks benefit from the current economic conditions as described in the text?

How does the text suggest that the Dodd Frank Bill could be amended rather than completely repealed?

What concerns are raised about the potential dismantling of the CFPB?