In an opinion article published in the American Banker last month, Eugene Ludwig, Chair of the Ludwig Institute for Shared Economic Prosperity, advocates for a collaborative approach to modernizing bank regulations in response to potential rollbacks under the second Trump administration.
"Some regulations are redundant," Ludwig argues. "Some outdated. Others miss the mark entirely. By streamlining and refining current regulations, we can create a less-burdensome regulatory environment without compromising essential safeguards. A responsible approach to regulatory modernization can be durable."
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