In the few days since the presidential election was decided late Tuesday evening, there has been much speculation as to how the result will affect the banking industry. Does an Obama re-election mean more regulations for the industry? Does this mean key aspects of Dodd-Frank will not be overturned? And how will the outcome affect the economy? Bank Systems & Technology has compiled some of the best quotes from the financial services industry about how the election results may affect the future of banking.
November 09, 2012
6. Status Quo Needs an Overhaul
Our country is craving leadership, bold direction and greater certainty from Washington, D.C. Clearly, the status quo approach to addressing our fiscal health, stimulating economic growth and laying the groundwork for the long-term vitality of our nation needs a major overhaul now. The election results do nothing to change this essential fact.
— Robert Reynolds, CEO, Putnam Investments
Source: Wall Street Journal
