The outlook for banks under the incoming Trump administration

Marielle Segarra Jan 13, 2017
HTML EMBED:
COPY

The outlook for banks under the incoming Trump administration

Marielle Segarra Jan 13, 2017
HTML EMBED:
COPY

With a few banks reporting earnings Friday  — JP Morgan Chase, Wells Fargo, Bank of America — we’ll take a look at banking’s prospects. The new Trump administration and a GOP-controlled Congress have said they plan to dial back Dodd-Frank and other financial regulations. For the most part, bank stocks – and the market overall — have done well in the months since the election. Rising interest rates are a help to banks, of course. But in the long run, how will things play out if the new administration removes banking and finance regulations?   

Click the above audio player to hear the full story.


There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.