Davis Polk partner David Portilla was quoted in the Washington Post discussing the Trump administration’s potential approach to bank regulatory policy.

Discussing how Trump officials are expected to push for a revamped approach that could entail a much smaller capital increase for big banks, David noted “[They] will be more focused on promoting economic growth and lending, and less concerned with what they view as already strong financial buffers at large banks.”

‘Dancing in the street’: Some Wall Street banks are triumphant heading into Trump era,” Washington Post (November 22, 2024) (subscription required)