Trump's Return Sparks Wall Street's Push for Lighter Regulations

Financial industries are quickly drafting proposals for regulatory relief as Trump's administration prepares for potential changes.

Major U.S. banks are optimistic about a potential rollback of Biden-era regulations, particularly the proposed Basel III Endgame capital rules.
Industry groups are preparing detailed wish lists for regulatory changes to present to Trump's transition team, highlighting a desire for eased capital requirements and fair-lending rules.
The Consumer Financial Protection Bureau and the Securities and Exchange Commission are key targets for potential regulatory relief under the new administration.
Financial markets reacted positively to Trump's election victory, with bank stocks experiencing significant gains amid expectations of a more predictable regulatory environment.
The private fund industry is advocating for a continuation of favorable tax treatments and a reduction in SEC oversight, seeking more dialogue with regulators.