After Donald Trump won the presidential election, big banks and financial companies are making lists of changes they’d like to see when he becomes president in 2025. They mainly want fewer strict rules about how much money banks need to keep safe and lower taxes for businesses. Trump’s team is already talking to these financial companies to understand what they want, which is happening much earlier and more organized than when he first became president in 2016. Also, the banks want easier rules for lending money and fewer tough tests that check if they’re financially healthy. Additionally, investment companies want fewer strict rules from the government agency that watches over them. And now, after the elections, everyone in the financial world is moving quickly to share their ideas because they see this as a good chance to change rules in their favor aka profits. submitted by /u/Aftermebuddy |
Bitcoin hits new all time high. Boss: Why late? Me with 0.01 BTC:
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