Can Trump Fulfill Promise On Bank Deregulation?
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Trump’s day-one deregulation vow thrills bankers, but legal constraints and crypto shifts loom large. Donald Trump hates government regulation of private business. In his successful campaign for re-election, he promised to repeal 10 US federal regulations for every new one imposed, adding, “We’ll be able to do that quite easily.” He has recruited billionaire backers Elon Musk and Vivek Ramaswamy to head a new Department of Government Efficiency (DOGE). Banks and the broader financial industry
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