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Trump Will End Bank Rules. No He Won’t. A Guide for the Puzzled

  • Anti-regulatory fervor conflicts with anti-bank sentiment
  • Relief expected for community banks, Volcker Rule may survive
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Big Banks Love Trump

U.S. bank stocks have jumped 14 percent since the election of Donald Trump, partly on hopes he will dismantle regulation. Here’s how the new president might change rules that have made the financial system safer since the 2008 crisis, from most likely to least.

Many politicians and regulators agreed before the election that post-crisis rules unfairly burdened small banks. While most regulation targeted too-big-to-fail firms, tighter standards also applied to regional and community lenders. Democrats probably will support Republicans in exempting small banks from some requirements. The Federal Reserve is already in the process of making annual stress tests easier for them.