Mar
16

Trump Picks a Regulator Who Could Help Reshape Dodd-Frank Act

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President Trump rounded out his financial regulatory team on Tuesday, announcing plans to select J. Christopher Giancarlo to oversee a lucrative corner of Wall Street that helped unleash the financial crisis.

In appointing Mr. Giancarlo to run the Commodity Futures Trading Commission, which regulates the sort of derivatives trading that spread panic on Wall Street in 2008, the president took another step toward challenging the Obama administration’s legacy on financial regulation. As a Republican commissioner at the agency since 2014, and more recently as its interim chairman, Mr. Giancarlo has embraced the broad goals of new derivatives regulations under the Dodd-Frank Act while criticizing crucial portions of the fine print…

Trump Picks a Regulator Who Could Help Reshape Dodd-Frank Act

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