Running Head: MICROECONOMICS DISCUSSIONMicroeconomics DiscussionNameInstitution1MICROECONOMICS DISCUSSION2Article Title: The Fed has lightened the load on Americas banks.The Dodd-Frank Act enacted in 2010 placed very strict rules after the financial crisis inan attempt to prevent the occurrence of a similar recession (The Economist., 2019). The strictregulations stipulated in the Dodd-Frank Act have been too heavy a burden on banks. The rulesimpose stricter capital and liquidity requirements, curb proprietary trading, impose stress testrequirements, and demand that banks write living wills that set out how banks would wind downtheir operations quickly incase need arises. The Fed, under the Trump administration is set torecalibrate the regulations provided for in the Dodd-Frank Act (The Economist., 2019). Theregulatory changes are expected simplify the Dodd-Frank provisions. In particular, therecalibration simplified the Volcker rule, eased capital and liquidity requirements for smallerbanks, reduced the frequency for revising living wills. The qualitative element of stress tests wasalso scrapped off (The Economist., 2019). The Fed is also set out to allow ...
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