Since the inauguration of President Trump, there has been a lot of speculation that we're going to see a complete dismantling of Dodd-Frank. However, for a couple reasons, this is probably untrue. First, it's important to note that Dodd-Frank means different things to different people. It's an enormous, all-encompassing piece of regulation that contains thousands of rules, no one is seriously talking about repealing the entirety of Dodd-Frank. Instead what they're talking about is replacing components of Dodd-Frank, like the Volcker Rule. However, because Republicans don't have a simple majority in the US Senate, they will require the cooperation of the Democrats to make any substantial changes to Dodd-Frank and given the current political climate, that seems highly unlikely. So instead of seeing a dismantling of Dodd-Frank, what we're more likely to see is a change in regulatory priorities by the various agencies, such as the SEC and CFTC.
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