The Trump
administration is eyeing a more limited repeal of the 2010 Dodd Frank law,
despite the Republican president-elect's campaign promise for a full repeal of
the financial overhaul, the Wall Street Journal said on Friday, citing unnamed
sources.
The Journal said
Trump's transition team was more focused on ripping up provisions such as
regulators' ability to subject large nonbank financial
institutions to tougher
Federal Reserve regulations or take over failing companies, while embracing
other aspects related to credit-rating firms and derivatives.
Reuters
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