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Effects of Donald Trump’s Presidency on Financial Services and Fintech
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Effects of Donald Trump’s Presidency on Financial Services and Fintech

Effects of Donald Trump’s Presidency on Financial Services and Fintech

Fintech Nexus Staff·
FinanceFintechNews RoundupUSA
·Nov. 9, 2016·1 min read

The financial markets were slightly surprised by the presidential outcome with Dow futures down approximately 250 points on Wednesday morning; uncertainty over some big changes specifically in financial services from Donald Trump will be a factor for markets and the industry going forward; in financial services Trump looks to deregulate the industry easing many of the controls implemented by Dodd-Frank; another factor for fintech will be Trump’s position on net neutrality which could limit open source internet development; overall, speculators see increased volatility and uncertainty for the near-term.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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