Goldman, JPMorgan Soar With Trump Poised to Deliver Deregulation

What You Need To Know

• Trump has vowed to cut the corporate tax rate, eliminate 10 regulations for every new one and fire some financial regulators.
• His return to the White House could mean a win for executives who had been lobbying against an increase in the amount of capital they must hold.
• The president can only fire governors of the Fed board for cause, so Democrats will likely maintain control of the Fed until late 2026.