Morning Consult Runs an Opinion Piece, Authored by S&C’s Greg Marose, on the State of Financial Sector Regulation Under Donald Trump – and Implications for Brands Communicating In Washington:
Since Donald Trump’s shocking victory in the U.S. presidential election, there has been a sense of inevitability around de-regulating the capital markets and broader financial sector. Pundits on K Street and Wall Street have spent months proclaiming that Obama-era regulations will be systematically discarded. But when one looks past the headlines and rhetoric, it appears the regulatory climate is not changing all that much.
Of course, the natural question is: Why have President Trump and a Republican-controlled Congress failed to fulfill their pledges to aggressively de-regulate? The answer speaks volumes about how politics and public relations often supersede policy.