David Portilla discusses changes to regulatory policy with Washington Post
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)
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