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? asked in Politics & GovernmentPolitics · 4 years ago

What will be the most likely result of relaxing the Dodd-Frank bank rules?

Update:

http://www.bbc.co.uk/news/business-38858009

He signed an executive order to review the 2010 Dodd-Frank financial regulations.

The law was brought in after the 2008-09 financial crisis with the aim of avoiding another financial meltdown.

Update 2:

''More so than any modern Republican presidential nominee, Donald Trump positioned himself as an opponent of Wall Street. In fact, as regular readers know, the GOP candidate spent months insisting that it was Hillary Clinton, not himself, who’d do the financial industry’s bidding.''

http://www.msnbc.com/rachel-maddow-show/trump-does...

5 Answers

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  • tribeca_belle
    Lv 7
    4 years ago
    Favorite Answer

    More abuses and another Great Recession or Great Depression.

  • Huh?
    Lv 7
    4 years ago

    A rerun of the 2008 crash.

  • olderwiser100a
    Lv 7
    4 years ago

    remember 2008? that is what will happen again.

  • darrin b
    Lv 7
    4 years ago

    The American people will get hurt by it.

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  • ?
    Lv 7
    4 years ago

    They were never enforced anyway.

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