Will Another White Big-Banker Oversee Wall Street?

Hours after announcing last November that he would retire from the Federal Reserve Bank of New York in 2018, President William Dudley warned in a speech against rolling back key elements of the Dodd-Frank Wall Street Reform Act. Any changes to the law, which was passed in 2010 in response to the financial crisis, should be made “with a paring knife, rather than with a meat cleaver,” he said.

Since then, the deregulatory efforts of the Trump era have only ramped up, and even some


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