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Trump Victory Plans: Massive Wall Street Deregulation

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Posted By: Dreadnought, 4/17/2024 12:42:10 AM

Should former President Donald Trump win the 2024 election, one of his plans is to seriously reduce the federal government's regulation of banks and financial markets. This could include the outright elimination of the Consumer Financial Protection Bureau, among other actions. In the wake of the worst economic crisis since the Great Depression, Congress dramatically expanded the U.S. government's oversight of the financial industry to prevent a repeat of the 2008 global banking meltdown. Donald Trump would likely renew his efforts to scale back those reforms, if elected, as well as pare protections for small-scale investors and borrowers, and allow companies to raise money

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Reply 1 - Posted by: smokincol 4/17/2024 2:09:28 AM (No. 1700700)
and this time our President will have the kind of people who, not only, know what they're doing but will be loyal and trustworthy unlike the gang of traitors he was saddled with in his first term Mike Pompeo, Sec of State Matt Whitaker, Attorney General just for starters and with a huge, MAGA republican, majority, for both his two year terms, in the House and Senate this country will take off like the Space Shuttle, literally jumping off the Launch Pad into the annals of United States of America history to Make America Great Again, Again and boy do we need it!!
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Reply 2 - Posted by: privateer 4/17/2024 7:33:30 AM (No. 1700780)
Oh no! Eliminate the Consumer Financial Protection Bureau? Isn't that Gray Beaver's pet hobbyhorse?
1 person likes this.

Reply 3 - Posted by: DVC 4/17/2024 9:04:17 AM (No. 1700826)
Free markets? Horrors!
2 people like this.

Reply 4 - Posted by: WhamDBambam 4/17/2024 9:21:58 AM (No. 1700853)
"Reforms."
1 person likes this.

Reply 5 - Posted by: john56 4/17/2024 9:26:48 AM (No. 1700863)
I'd prefer a "Main Street Deregulation." Wall Street fatcats are in the Dems' pocket.
1 person likes this.

Reply 6 - Posted by: Strike3 4/17/2024 10:30:47 AM (No. 1700934)
Not only will leftist heads be spinning all over the country but MAGA is going to seem like a small accomplishment after Trump is done dismantling Joetato and Obumbum's damage. Loud and prominent people are going to suddenly go silent lest they attract attention to themselves. We might even see talks with North Korea happening again and regime change in Iran.
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