From: The Wall Street Journal
By Jacob M. Schlesinger and Henry Williams
A new crowd of deregulating Wall Streeters take power in Washington under President Donald Trump, as they prepare to freeze, then undo, Obama-era rules. The Obama administration ends with a flurry of enforcement actions, an attempt to close the books on crisis-related cases. The consumer finance watchdog—a frequent target of Republicans—digs in, and prepares to fight back. Overseas, Chinese officials scramble to keep their financial system under control.
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