Trump Economy: 4 Ways Financial Deregulation Could Impact Middle-Class Investors
The middle class could see significant changes in how they save and invest as President Donald Trump prioritizes financial deregulation during his second term. Looser rules for banks, retirement accounts, lending and investment vehicles might mean lower fees and easier access to credit. However, these changes could also increase risks to middle-class investors’ savings, retirement and homeownership goals. The impact of financial deregulation on middle-class investors will depend on how it is implemented and enforced.
- Financial deregulation could be a game-changer for middle-class families who are tired of being shut out of the credit market due to overly restrictive lending rules.
- Will the increased access to credit and investment options under Trump's financial deregulation policies also lead to a surge in predatory lending practices that target vulnerable populations?