Donald Trump’s election victory signals potential changes at key financial regulatory agencies, including the Federal Reserve and the Consumer Financial Protection Bureau (CFPB). While experts predict changes at the CFPB, a complete overhaul is unlikely due to Senate procedural hurdles. At the Fed, Trump will have the opportunity to appoint new members, including a likely replacement for Chair Jerome Powell in 2026. However, concerns about political influence on Fed policy remain.
Election Sparks Speculation on Financial Regulation Changes at the Fed and CFPB
Published on November 15, 2024
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