10.5.20
While a Biden victory in November would most likely bring an end to the Wall Street regulatory gains made under the Trump Administration, some political analysts predict there will not be deliberate plans to implement further regulations on the industry. Some political experts expect that Biden’s priorities in office would be centered around addressing racial inequality, climate change, and pandemic relief. “A hypothetical Biden administration will be confronting an economy mired in COVID-19, an unsustainable climate policy, a healthcare system whose flaws were exposed by the disease. This is not 2009 where the stability and soundness of the financial system is the top priority for restoring the economy and the semblance of normalcy,” said Brookings Institution policy director and former Treasury official Aaron Klein.