Reserve Optimism for Financial Regulation Under Trump 2.0

Now that Donald Trump has won a second term as president, everyone who cares about financial regulation and monetary policy wants to know what to expect in Trump administration 2.0. Regarding monetary policy, it's anyone's guess. President elect Trump recently suggested he should have a "say" in the Fed's policy decisions, and that has people nervous. But there's no telling exactly what he'll do, or whether the administration will pursue policies to make Fed officials and Congress more accountable for monetary policy. The short answer on financial regulation is: It's reasonable to expect things to improve. For starters, Trump administration 1.0 was not hostile to free enterprise and financial markets. It stopped the flood of new regulations from the previous eight years.