Why is Trump easing financial rules when Europe has opposing view? | Howard Davies

US embraces deregulation but European governments are wary of risky companies and marketsThe US president, Donald Trump, made his intentions on financial regulation clear from the very start of his administration. He issued an executive order requiring that for every new regulation imposed at least two should be targeted for repeal. No such deregulatory zeal is evident in Europe.The Economic Growth, Regulatory Relief, and Consumer Protection Act, signed by Trump in May 2018, has, in practice, em