While big bills have failed, Wall Street sees opportunity in Trump’s massive deregulation movement

President Donald Trump’s and the GOP’s formal legislative agenda may be stalled, but that is not stopping them from embarking on what may likely be the most massive deregulation effort the nation has ever seen.

Trump has said he wants to gut as much as 75 percent of all government regulations throughout his time in office.

While everyone keeps looking at the major legislative failures so far this year, Wall Street is concentrating on this deregulation sea change and making big bets on the winners. Morgan Stanley research has deemed the financial industry to be the biggest beneficiary of Republican deregulation attempts.

Source: CNBC

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