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Decision 2016 | The SourceMedia Business Issues Scorecard

November 09, 2016, 5:09 a.m. EST 10 Min Read

An index of SourceMedia's comprehensive election analysis for professionals in financial services, healthcare and technology. With coverage of more than 50 contests and ballot initiatives

Financial Services | Housing | Technology | Wealth Management | Taxation | Infrastructure | Healthcare

 

Financial Services
Key issues: Reg Relief, Too Big to Fail, Regulatory Agency Appointments. With coverage from American Banker and Credit Union Journal.

  • Wall Street Critics in Disarray After Trump Victory
    After anticipating four years of coordination with the White House, stunned Wall Street critics are reorganizing their priorities and vowing to oppose any attempts by the new Republican government to roll back post-crisis reforms.
  • Treasury Pick Mnuchin Drew Praise, Scorn After IndyMac Deal
    The Trump transition team is said to have recommended that Steven Mnuchin be nominated Treasury secretary. A Goldman Sachs alum, he is known as a successful change agent for his roles in the transformation of the failed IndyMac into OneWest and the revamping of CIT, but some community reinvestment advocates remain critical of him.
  • Trump Is Unlikely to Bring Back Glass-Steagall
    Donald Trump's campaign strongly endorsed the idea of restoring the Depression-era separation of banking and commerce, but since Trump's victory, the idea has all but vanished.
  • Will Trump Force Fed's Hand on Exec Comp, Capital Rules?
    President-elect Donald Trump's victory poses a unique quandary for the Federal Reserve both before and after he is sworn in — whether the central bank should attempt to finish the many rules still in process or keep its head down to avoid provoking a hostile Congress.
  • Open Letter to Trump: Weigh the Costs of Regulation
    Regulatory costs may be warranted, but neither Congress nor the executive branch assessed the cost of the Dodd-Frank Act before its enactment.
  • Trump Gives Banks Their Best Shot at Rolling Back Dodd-Frank
    GOP control of the legislative and executive branches, combined with a 2018 election map that threatens vulnerable Democrats, gives the industry its best chance in six years to change the financial reform law.
  • Hope for Reg Relief, Fear of Trumponomics Among Small Banks
    Many community bankers are hopeful that the pro-business Republican will reduce regulatory costs for them and their customers, but others remain concerned about Trump's lack of specifics on job creation.
  • CFPB's Precarious Future Under Trump
    President-elect Donald Trump might attempt to remove Consumer Financial Protection Bureau Director Richard Cordray from his post and boost legislative efforts to weaken its powers.
  • CU Advocates: Dodd-Frank, CFPB Are in the Crosshairs Now
    With Republicans holding control of Congress and the White House, credit union advocates expect a focus on reg relief, including changes to Dodd-Frank, the CFPB, the NCUA and more.
  • Will Trump Really Hold Remittances Ransom?
    To jawbone Mexico into paying for the wall, President-elect Trump has threatened to suspend remittances. Such a move would disrupt one of the busiest corridors of money in the world.
  • FSOC on Chopping Block After Republican Victories
    While Washington scrambles to make sense of President-Elect Donald Trump's victory and Republicans' control of both chambers of Congress, the implications of the 2016 election on the Financial Stability Oversight Council will be swift and severe, analysts say.
  • Trump's Surprise Victory Changes the Game for Financial Services
    Republican presidential nominee Donald Trump's shocking victory late Tuesday left world markets rattled, and financial services companies facing an uncertain future. But once they adjust, financial institutions are likely to embrace Trump's deregulatory agenda.
  • Cheat Sheet: A Guide to President-Elect Trump's Views on Key Issues
    The New York real estate mogul Donald Trump defied all conventional wisdom by winning the presidency, a huge upset that is sending shock waves through the political and policy establishment. During the campaign, Trump eschewed providing details on many issues, instead just providing a broad outline of his policy positions. Following is a guide to what Trump has said.
  • What a Trump Victory Means for Bankers
    Despite more than a year of campaigning and discussing various issues, Donald Trump remains a huge question mark when it comes to banking policies — making it unclear exactly what his priorities would be as president.
  • How Crapo Would Lead Banking Panel After GOP Senate Victory
    There was another surprise Tuesday as Republicans managed to keep a Senate majority following the elections, likely giving the gavel of the Banking Committee to Sen. Mike Crapo, a right-of-center Idaho lawmaker who has proven willing to reach across the political aisle in the past.

Housing
Key issues: Housing Finance Reform, Affordable Housing, FHA. With coverage from National Mortgage News

Technology
Key issues: Fintech, Security, Privacy. With coverage from PaymentsSource, Health Data Management, Insurance Networking News and Information Management

  • Would Trump Policies Help or Hurt Financial Tech? Yes.
    The president-elect's policies on taxes, offshoring, surveillance and other issues will affect bank technology officers and their vendors in a variety of ways. The positives may slightly outweigh the negatives.
  • Polling Failures Don't Mean Big Data Is Bunk
    For all the talk about this year's election being about big data and analytics, the underlying tactics were still leftovers from the pre-big-data era.
  • Trump's Remittance Plan May Trigger Significant Disruptions
    President-elect Donald Trump's well-publicized plan to build a border wall and make Mexico pay for it could have significant ramifications for a major sector of the payments industry.
  • How Trump could stifle fintech
    Donald Trump's stunning upset in the presidential race on Tuesday is likely to embolden his followers to push for changes to Internet law that could significantly alter how financial technology is conceived, built and delivered to market.
  • Trump likely to take military approach to cybersecurity
    High-profile data breaches at insurance companies, healthcare providers, major retailers, government agencies and his vanquished opponent s own aides — illustrate a need for action.

Wealth Management
Key issues: Fiduciary, SEC, Financial Regulation. With coverage from Financial Planning and On Wall Street

Taxation
Key issues: Tax Reform and Policy. With coverage from Accounting Today

  • Trump Tax Plan: Banks Could Save More than $30B a Year
    Bankers can't start spending their tax cuts under the Trump administration yet because there are so many X factors — including what exactly the new president would seek to steer through Congress. But they sure have fun thinking about what they'd do with the billions of dollars in savings that are possible.
  • Election Creates 'Very Real Possibility' of Tax Reform
    With Donald Trump having aligned his tax plans with those of Congressional Republicans over the course of the campaign, his election puts the GOP in a position to enact significant changes in the nation's tax system.
  • Trump's Tax Challenge: Finding a Way to Pay for Cuts
    Donald Trump has already done the impossible by winning the presidency, but once he takes office he may have to do so again – by finding a way to pay for the across-the-board tax cuts he promised during his campaign.

Infrastructure
Key issues: Bond Elections, Tax Credit Bonds, Transportation. With coverage from The Bond Buyer

Healthcare
Key issues: Affordable Care Act, Senate HELP Committee, Value-Based Care. With coverage from Health Data Management, Employee Benefit News and Employee Benefit Adviser

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