06-02-2017 16:36 via news.yahoo.com

Donald Trump's Wall Street deregulation slammed as 'the last thing we need' by ECB head Mario Draghi

Donald Trump’s roll-back of Wall Street regulation is “very worrisome” and “the last thing we need” the President of the European Central Bank, Mario Draghi, has warned. Giving evidence to the European Parliament’s Committee on Economic and Monetary Affairs on Monday, Mr Draghi was asked about the American President’s assault on the US post-crisis Dodd-Frank legislation, which had curbed the risk-taking of US banks, raised their capital requirements and
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