Alex Pollock, The economy

January 12, 2018

Alex Pollock, is distinguished senior fellow with the R Street Institute, providing thought and policy leadership on financial issues.

The economy is booming with the Dow over 25,000 for the first time in history and consumer confidence at a near 17-year high. Some experts and economists have identified President Trump’s deregulatory agenda as a major reason for the strong economy, citing an estimated $570 million in annual savings due to deregulatory action.The House Financial Services Committee held a hearing on legislative proposals for more efficient financial regulation, including proposals to exempt community banks from CFPB rules and regulations and provide consumer reporting protections for veterans.