Where Randal Quarles Stands on Regulation

The transcript discusses the shortcomings of the Dodd-Frank Act, highlighting its design flaws and political influences. It critiques specific provisions like the Volcker Rule and the CFPB. Randal Quarles' perspective on financial regulation is explored, noting his alignment with modern Republican orthodoxy. The influence of advisers such as Steve Schwarzman on President Trump's policies is examined. The challenges of changing financial regulations and the power dynamics involved, including the role of Elizabeth Warren, are also discussed.

What are some criticisms mentioned about the Dodd-Frank Act?

How did the speaker describe the Volcker Rule?

What challenges does the speaker mention regarding the repeal of Dodd-Frank?

What role does Elizabeth Warren play in the context of the Dodd-Frank Act?

What does the speaker suggest about the future of financial regulation?