Empty Seats at Regulators Thwart Trump’s Dodd-Frank Plans

The transcript discusses the regulatory challenges faced by the SEC and CFTC under the Trump administration, highlighting the impact of reduced commissioners and potential budget cuts. Jay Clayton's nomination as SEC chairman is explored, focusing on his goals for economic growth and IPO accessibility. The transcript also addresses concerns about funding for these agencies amidst political dynamics.

What challenges do the SEC and CFTC face regarding their budgets?

In what ways might the Trump administration's policies impact Wall Street regulation?