Dodd-Frank’s Bankruptcy Provision Could Be a Trump TargetBy
While doing so will require more than a presidential signature on a piece of paper, and we have yet to see what sort of working relationship the president will have with Congress, I take him at his word. So far, he seems quite determined to do exactly what he said he was going to do during the election campaign.
I also think the effort to dismantle Dodd-Frank will start in earnest with the Orderly Liquidation Authority. This is the special bankruptcy procedure for large financial institutions. It was enacted to allow the “too big to fail” banks an avenue to do the latter, since they are still quite big…
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