How Does Wall St. Feel About the Incoming GOP Congress?

The transcript discusses the Republican Congress's efforts to repeal parts of the Dodd-Frank Act, highlighting Elizabeth Warren's opposition and influence within the Democratic Party. It examines the challenges faced by the banking system due to regulations, such as the Volcker Rule, and the impact on credit markets and commodities. The discussion also covers the balance between regulation and risk management, drawing comparisons with Canada's banking system.

What are the implications of the Republican Congress on the Dodd Frank law?

What are the potential consequences of deregulating banks as mentioned in the text?

How did Elizabeth Warren's stance on Dodd Frank affect her relationship with other Democrats?

What challenges do banks face in extending credit according to the discussion?

In what ways did the lack of regulation contribute to the banking issues discussed?